https://www.taxtmi.com/highlights?id=58359 Validity of assessment order passed u/s.153A - ACIT in short appears to have adopted a short cut in the matter and an undertaking from AO was considered adequate by him to accord approval in all assessments involved. Manifestly, the Additional CIT, without any consideration of merits in proposed additions with reference to incriminating material collected in search etc. has proceeded to grant a simplicitor approval. This approach of the Additional CIT, Central has rendered the Approval to be a mere formality and can not be considered as actual approval in law. - AT en-us Mon, 14 Jun 2021 16:34:07 +0530 Mon, 14 Jun 2021 16:34:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58359 Validity of assessment order passed u/s.153A - ACIT in short appears to have adopted a short cut in the matter and an undertaking from AO was considered adequate by him to accord approval in all assessments involved. Manifestly, the Additional CIT, without any consideration of merits in proposed additions with reference to incriminating material collected in search etc. has proceeded to grant a simplicitor approval. This approach of the Additional CIT, Central has rendered the Approval to be a mere formality and can not be considered as actual approval in law. - AT Highlights Income Tax Mon, 14 Jun 2021 16:34:07 +0530 https://www.taxtmi.com/highlights?id=58359