https://www.taxtmi.com/caselaws?id=753910 The ITAT Delhi held that the assessment u/s 153A/153C was invalid due to lack of proper satisfaction recording and flawed approval process u/s 153D. The seizure occurred on 30.08.2014, making AY 2015-16 the search year where assessment proceedings were abated and could not be completed u/s 153A or 153C. The assessee was the searched person himself, making s.153C inapplicable without proper satisfaction note. The approval dated 29.12.2016 was granted mechanically without application of mind, violating the substantive mandate requiring thorough scrutiny. The CIT(A) failed to address jurisdictional issues, leading to the additional grounds being sustained. en-us Tue, 23 Jan 2024 00:00:00 +0530 Wed, 12 Jun 2024 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753910 The ITAT Delhi held that the assessment u/s 153A/153C was invalid due to lack of proper satisfaction recording and flawed approval process u/s 153D. The seizure occurred on 30.08.2014, making AY 2015-16 the search year where assessment proceedings were abated and could not be completed u/s 153A or 153C. The assessee was the searched person himself, making s.153C inapplicable without proper satisfaction note. The approval dated 29.12.2016 was granted mechanically without application of mind, violating the substantive mandate requiring thorough scrutiny. The CIT(A) failed to address jurisdictional issues, leading to the additional grounds being sustained. Case-Laws Income Tax Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753910