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The Tribunal, relying on Supreme Court's decision in CIT vs. Sinhgad Technical Education Society, held that jurisdiction under Section 153C mandates that the seized material must pertain to the specific assessment year for which proceedings are initiated. It found that the seized documents clearly related to AY 2007-08, and the assessee's subsequent admission of income in a different year could not cure this jurisdictional defect. Thus, the notice and consequential assessment for AY 2009-10 were deemed invalid and quashed.
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