https://www.taxtmi.com/caselaws?id=396761 The Tribunal declared the assessment order void ab initio due to non-compliance with Section 153D, as the necessary approval from the Additional CIT was not obtained prior to the issuance of the order. Consequently, the Tribunal did not adjudicate the merits of other issues, including unexplained cash and investment additions, and income treatment disputes. The appeals were partly allowed, invalidating the assessment proceedings. en-us Mon, 01 Jun 2020 00:00:00 +0530 Fri, 08 Nov 2024 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396761 The Tribunal declared the assessment order void ab initio due to non-compliance with Section 153D, as the necessary approval from the Additional CIT was not obtained prior to the issuance of the order. Consequently, the Tribunal did not adjudicate the merits of other issues, including unexplained cash and investment additions, and income treatment disputes. The appeals were partly allowed, invalidating the assessment proceedings. Case-Laws Income Tax Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396761