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2016 (8) TMI 49 - AT - Income TaxValidity of assessment u/s 153C - Held that:- The satisfaction recorded by the A.O. is lacking in material particulars and only the cryptic mechanical direction was issued for issuance of notice U/s 153C of the Act without recording of proper satisfaction. Ironically, in the present note, the word “satisfaction" has also not been used by the AO. Therefore, there is no question of even the cryptic of mechanical recording of satisfaction also. In the light of the above, we are left with no other option but to allow the appeal of the assessee.
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