PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
ITAT quashed the assessment order under sections 153A/153C, finding the Joint Commissioner of Income Tax's approval mechanically granted without substantive application of mind. The tribunal determined that the approval process cannot be a mere formality and must involve judicious quasi-judicial consideration of incriminating materials. The approval's lack of meaningful merit evaluation rendered it legally invalid, consequently invalidating the entire assessment proceedings. The assessee's appeal was allowed, effectively nullifying the assessment order due to procedural impropriety in the approval mechanism.
ITAT quashed the assessment order under sections 153A/153C, finding the Joint Commissioner of Income Tax's approval mechanically granted without substantive application of mind. The tribunal determined that the approval process cannot be a mere formality and must involve judicious quasi-judicial consideration of incriminating materials. The approval's lack of meaningful merit evaluation rendered it legally invalid, consequently invalidating the entire assessment proceedings. The assessee's appeal was allowed, effectively nullifying the assessment order due to procedural impropriety in the approval mechanism.
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