Jurisdiction u/s. 153C impermissible as satisfaction of seized material belonging to assessee not fulfilled

PCIT (Central)-3 Vs TDI Infrastructure Ltd (Delhi High Court) Delhi High Court held that assuming jurisdiction under section 153C of the Income Tax Act impermissible unless it is satisfied that document / seized material belonged to the assessee. Thus, appeal dismissed. Facts- Search and seizure operations u/s. 132 of the Income Tax Act, 1961 were conducted in the case of Taneja-Puri Group of cases in various premises on 05.01.2009. During the course of the said search, incriminating material in relation to the respondent were unearthed. Significantly, the premises of respondent company were a...