M/S. AGMA POLYMERS PRIVATE LIMITED Vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 28

Parties Involved

Facts Summary

The assessee, M/S. AGMA POLYMERS PRIVATE LIMITED, filed twin appeals ITA Nos. 1038 & 1039/Del/2026 for the assessment years 2015-16 & 2016-17 against the Commissioner of Income Tax (Appeals)-25's orders dated 12.11.2025. The appeals were filed against the proceedings under section 153C of the Income-tax Act, 1961. The assessee argued that the proceedings were invalid due to the lack of a proper satisfaction note by the Assessing Officer. The assessee had also sought the jurisdictional Assessing Officer's satisfaction note under the Right to Information Act, 2005 on 16.06.2006, but had not received any positive result. The tribunal's coordinate bench in appeal ITA No.4040/Del/2025 for the assessment year 2017-18 had restored the matter back to the CIT(A) for fresh adjudication.…

Legal Issues

• 1. Validity of the impugned section 153C proceedings in the case for want of a proper satisfaction note by the Assessing Officer.

Judgment Outcome

Decided in favour of Assessee.

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