https://www.taxtmi.com/caselaws?id=440941 HC held the approval under section 153D invalid for lack of application of mind, because the ACIT granted approval based solely on a draft assessment order and failed to examine the assessment record or search material, missing a clear error in declared income figures. The Tribunal correctly concluded the approval was granted without proper consideration, and the defect could not be cured under section 292B. The decision was against the revenue, setting aside the approval and related additions. en-us Thu, 13 Jul 2023 00:00:00 +0530 Tue, 23 Sep 2025 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440941 HC held the approval under section 153D invalid for lack of application of mind, because the ACIT granted approval based solely on a draft assessment order and failed to examine the assessment record or search material, missing a clear error in declared income figures. The Tribunal correctly concluded the approval was granted without proper consideration, and the defect could not be cured under section 292B. The decision was against the revenue, setting aside the approval and related additions. Case-Laws Income Tax Thu, 13 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440941