On the basis of  search conducted in case of searched person, a satisfaction note was recorded by Assessing Officer which indicated that a pen-drive was found containing information regarding transactions entered into by assessee with companies that had provided accommodation entries through generation of bogus invoices. The Assessing Officer issued notice under section 153C for the Assessment Year 2021-22. On writ the Court held that   information allegedly found was regarding a purported transaction pertaining to financial year 2014-15, therefore  pen drive found could not be considered as containing any incriminating material pertaining to assessee in respect of relevant assessment year. Accordingly   assessment for the AY. 2021-22  could not be reopened under section 153C of the Act. Notice was quashed and set aside. (AY. 2021-22)