https://www.taxtmi.com/caselaws?id=753729 ITAT Delhi held that approval under section 153D granted by JCIT was invalid as it was mechanical and without due application of mind. The JCIT approved draft assessment orders for multiple assessment years on the same day through a single approval letter, whereas the statute requires separate approval for each assessment year. Following the precedent in PCIT vs. Anju Bansal, the tribunal ruled that statutory approval by quasi-judicial authority without proper consideration renders the entire search assessment proceedings fatal. The approval process was deemed an empty ritual, making the assessment under section 153A invalid. Appeal decided in favor of assessee. en-us Thu, 06 Jun 2024 00:00:00 +0530 Sat, 08 Jun 2024 09:05:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753729 ITAT Delhi held that approval under section 153D granted by JCIT was invalid as it was mechanical and without due application of mind. The JCIT approved draft assessment orders for multiple assessment years on the same day through a single approval letter, whereas the statute requires separate approval for each assessment year. Following the precedent in PCIT vs. Anju Bansal, the tribunal ruled that statutory approval by quasi-judicial authority without proper consideration renders the entire search assessment proceedings fatal. The approval process was deemed an empty ritual, making the assessment under section 153A invalid. Appeal decided in favor of assessee. Case-Laws Income Tax Thu, 06 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753729