https://www.taxtmi.com/highlights?id=105690 Section 153C jurisdiction requires the Assessing Officer of the searched person to record satisfaction and hand over seized material before proceedings against another person commence. Where notices preceded these steps, the jurisdictional condition was absent, rendering the notices and consequential assessments void ab initio and quashed. The material must also pertain to the other person and bear on determination of that person's total income; mere discovery of books, documents or assets is insufficient. A later satisfaction note cannot cure defective initiation or establish the required nexus. en-us Mon, 02 Nov 2026 08:31:40 +0530 Mon, 02 Nov 2026 08:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105690 Section 153C jurisdiction requires the Assessing Officer of the searched person to record satisfaction and hand over seized material before proceedings against another person commence. Where notices preceded these steps, the jurisdictional condition was absent, rendering the notices and consequential assessments void ab initio and quashed. The material must also pertain to the other person and bear on determination of that person's total income; mere discovery of books, documents or assets is insufficient. A later satisfaction note cannot cure defective initiation or establish the required nexus. Highlights Income Tax Mon, 02 Nov 2026 08:31:40 +0530 https://www.taxtmi.com/highlights?id=105690