https://www.taxtmi.com/caselaws?id=470900 Section 153C requires satisfaction linking seized material to the relevant assessee and each assessment year. A sale agreement dated 28.08.2018 could at most relate to Assessment Year 2019-20 and did not connect with earlier years. Recording one consolidated satisfaction note for Assessment Years 2013-14 to 2019-20, without separate year-wise satisfaction, was treated as insufficient to assume jurisdiction. On that basis, the Section 153C proceedings, consequential notices and assessments for all covered years were described as invalid and quashed in favour of the assessee. en-us Wed, 07 Jan 2026 00:00:00 +0530 Wed, 12 Aug 2026 21:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470900 Section 153C requires satisfaction linking seized material to the relevant assessee and each assessment year. A sale agreement dated 28.08.2018 could at most relate to Assessment Year 2019-20 and did not connect with earlier years. Recording one consolidated satisfaction note for Assessment Years 2013-14 to 2019-20, without separate year-wise satisfaction, was treated as insufficient to assume jurisdiction. On that basis, the Section 153C proceedings, consequential notices and assessments for all covered years were described as invalid and quashed in favour of the assessee. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470900