https://www.taxtmi.com/caselaws?id=307441 The Tribunal allowed all the Assessee's appeals challenging the approval granted under section 153D of the Income Tax Act. It emphasized the necessity of proper application of mind in granting approvals, citing precedents where mechanical approvals were deemed unsustainable in law. The Tribunal held that assessment proceedings could be vitiated by such mechanical approvals, leading to the decision in favor of the Assessee without delving into the merits of the case due to the lack of arguments presented on that aspect. en-us Thu, 23 Dec 2021 00:00:00 +0530 Fri, 14 Apr 2023 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307441 The Tribunal allowed all the Assessee's appeals challenging the approval granted under section 153D of the Income Tax Act. It emphasized the necessity of proper application of mind in granting approvals, citing precedents where mechanical approvals were deemed unsustainable in law. The Tribunal held that assessment proceedings could be vitiated by such mechanical approvals, leading to the decision in favor of the Assessee without delving into the merits of the case due to the lack of arguments presented on that aspect. Case-Laws Income Tax Thu, 23 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307441