Section 153C Assessment Invalid as AO Failed to Record Proper Satisfaction: ITAT Delhi

Mukesh Chandra Agrawal Vs DCIT (ITAT Delhi) Section 153C Assessment Invalid Because AO Failed to Record Proper Satisfaction;  ITAT Delhi Cancels 153C Assessments Over Absence of ‘Bearing on Total Income’ Finding; Improper Satisfaction Note Vitiates Section 153C Proceedings; ITAT Delhi Says Section 153C Cannot Be Invoked Through Mechanical Recording of Satisfaction; Section 153C Proceedings Set Aside Because Satisfaction Note Lacked Mandatory Findings. The appeals before the ITAT Delhi related to Assessment Years 2015-16, 2016-17, and 2020-21 and arose from orders passed by the Commissione...