https://www.taxtmi.com/highlights?id=76916 Assessment order passed u/s 153A - valid approval granted u/s 153D or not? - The Tribunal found that the approval granted under Section 153D was generic and lacked specific reasoning for each assessment year. It noted discrepancies in the approval process, including the absence of year-wise reasoning and the mechanical nature of the approval. Ultimately, the Tribunal concluded that the approvals granted in this case did not pass the test of legitimacy and rendered the assessment orders null and void. en-us Fri, 26 Apr 2024 22:40:40 +0530 Fri, 26 Apr 2024 22:40:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76916 Assessment order passed u/s 153A - valid approval granted u/s 153D or not? - The Tribunal found that the approval granted under Section 153D was generic and lacked specific reasoning for each assessment year. It noted discrepancies in the approval process, including the absence of year-wise reasoning and the mechanical nature of the approval. Ultimately, the Tribunal concluded that the approvals granted in this case did not pass the test of legitimacy and rendered the assessment orders null and void. Highlights Income Tax Fri, 26 Apr 2024 22:40:40 +0530 https://www.taxtmi.com/highlights?id=76916