JCIT's Section 153D approval voided for lack of independent review, leading to cancellation of Section 153A assessments.

JCIT's Section 153D approval voided for lack of independent review, leading to cancellation of Section 153A assessments. https://www.taxtmi.com/highlights?id=69992 Assessment u/s 153A - validity of granting the approval u/s 153D - The action of the JCIT granting approval in this case was a mere mechanical exercise, accepting the draft order as it is, without any independent application of mind on his part. His action of granting the approval was thus, a mere mechanical exercise accepting the draft order as it is without any independent application of mind on his part. - Assessment orders passed u/s 153A r.w.s. 143 (3) stand cancelled. - AT en-us Sat, 27 May 2023 13:13:45 +0530 Sat, 27 May 2023 13:13:45 +0530 TaxTMI RSS Generator JCIT's Section 153D approval voided for lack of independent review, leading to cancellation of Section 153A assessments. https://www.taxtmi.com/highlights?id=69992 Assessment u/s 153A - validity of granting the approval u/s 153D - The action of the JCIT granting approval in this case was a mere mechanical exercise, accepting the draft order as it is, without any independent application of mind on his part. His action of granting the approval was thus, a mere mechanical exercise accepting the draft order as it is without any independent application of mind on his part. - Assessment orders passed u/s 153A r.w.s. 143 (3) stand cancelled. - AT Highlights Income Tax Sat, 27 May 2023 13:13:45 +0530 https://www.taxtmi.com/highlights?id=69992