https://www.taxtmi.com/caselaws?id=471879 Section 153C jurisdiction requires a separate, year-specific satisfaction note for each relevant assessment year. A consolidated note covering multiple years does not meet that requirement where it fails to record distinct satisfaction for each year. Regular ledger entries and ordinary books of account, without an explanation of their incriminating character, do not establish the necessary jurisdictional foundation. Reliance on a consolidated satisfaction note based solely on such ledger material therefore invalidates the assumption of jurisdiction. en-us Wed, 24 Jun 2026 00:00:00 +0530 Tue, 22 Sep 2026 08:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471879 Section 153C jurisdiction requires a separate, year-specific satisfaction note for each relevant assessment year. A consolidated note covering multiple years does not meet that requirement where it fails to record distinct satisfaction for each year. Regular ledger entries and ordinary books of account, without an explanation of their incriminating character, do not establish the necessary jurisdictional foundation. Reliance on a consolidated satisfaction note based solely on such ledger material therefore invalidates the assumption of jurisdiction. Case-Laws Income Tax Wed, 24 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471879