https://www.taxtmi.com/caselaws?id=469780 Section 153C requires year-specific satisfaction that seized books, documents or assets belong to or relate to another person and have a bearing on that person's total income. The satisfaction note here referred to seized material connected with a land transaction for one year, while the additions for the year under appeal were based on separate loan and investment issues not covered by that note. On that reasoning, the notice under section 153C was treated as without jurisdiction for the year under appeal, and the additions were not sustained because they lacked a nexus with incriminating seized material relatable to the relevant assessment year. en-us Mon, 10 Mar 2025 00:00:00 +0530 Fri, 03 Jul 2026 19:00:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469780 Section 153C requires year-specific satisfaction that seized books, documents or assets belong to or relate to another person and have a bearing on that person's total income. The satisfaction note here referred to seized material connected with a land transaction for one year, while the additions for the year under appeal were based on separate loan and investment issues not covered by that note. On that reasoning, the notice under section 153C was treated as without jurisdiction for the year under appeal, and the additions were not sustained because they lacked a nexus with incriminating seized material relatable to the relevant assessment year. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469780