https://www.taxtmi.com/caselaws?id=794461 Section 153C jurisdiction requires a valid satisfaction note that separately identifies the seized material, the entries relied on, and the specific assessment year to which it pertains. A consolidated note covering multiple years, without year-wise linkage to the assessee, is defective and cannot sustain jurisdiction. Applying earlier coordinate bench decisions, the ITAT Delhi held that the jurisdictional assumption was invalid and quashed the assessment in favour of the assessee. en-us Tue, 30 Jun 2026 00:00:00 +0530 Mon, 06 Jul 2026 08:26:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794461 Section 153C jurisdiction requires a valid satisfaction note that separately identifies the seized material, the entries relied on, and the specific assessment year to which it pertains. A consolidated note covering multiple years, without year-wise linkage to the assessee, is defective and cannot sustain jurisdiction. Applying earlier coordinate bench decisions, the ITAT Delhi held that the jurisdictional assumption was invalid and quashed the assessment in favour of the assessee. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794461