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2014 (11) TMI 1044 - AT - Income TaxValidity of assessment u/s 153C - absence of satisfaction note - Held that:- In the light of the order of the co-ordinate bench in the case of M/s. V.K. Fiscal Services Pvt. Ltd (2013 (11) TMI 1589 - ITAT DELHI) and Pepsico India Holiday (P) Ltd (2014 (8) TMI 898 - DELHI HIGH COURT), we hold that the AO lacks jurisdiction to initiate the 153C proceeding against the assessee and therefore the issuance of notice itself is null and void and therefore quashed. Consequently the impugned assessment order u/s 153C is also a nullity. - Decided in favour of assessee
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