https://www.taxtmi.com/caselaws?id=308114 The Tribunal invalidated the assessment orders due to the mechanical approval lacking application of mind under Section 153D of the Income-tax Act. The Additional Commissioner's approval was deemed insufficient as it did not reflect a thoughtful consideration of the case facts, rendering the assessments void. The Tribunal emphasized the necessity for a thorough and independent review in search and seizure cases, highlighting the procedural lapses in the approval process. Consequently, the Tribunal ruled in favor of the assessee, annulling the assessment orders and dismissing the Revenue's appeals while allowing the assessee's appeals and cross objections. en-us Wed, 08 Feb 2023 00:00:00 +0530 Tue, 30 May 2023 21:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308114 The Tribunal invalidated the assessment orders due to the mechanical approval lacking application of mind under Section 153D of the Income-tax Act. The Additional Commissioner's approval was deemed insufficient as it did not reflect a thoughtful consideration of the case facts, rendering the assessments void. The Tribunal emphasized the necessity for a thorough and independent review in search and seizure cases, highlighting the procedural lapses in the approval process. Consequently, the Tribunal ruled in favor of the assessee, annulling the assessment orders and dismissing the Revenue's appeals while allowing the assessee's appeals and cross objections. Case-Laws Income Tax Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308114