https://www.taxtmi.com/caselaws?id=758484 The ITAT Delhi quashed an assessment order under section 153A, ruling that the approval granted under section 153D was invalid. The tribunal found that the JCIT granted approval without considering factual and legal positions, proposed additions, appraisal reports, or incriminating material from the search. The approval was deemed a mere ritual and empty formality lacking application of mind, rendering it legally unenforceable. The assessment order was consequently quashed in favor of the assessee. en-us Mon, 02 Sep 2024 00:00:00 +0530 Sat, 14 Sep 2024 08:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758484 The ITAT Delhi quashed an assessment order under section 153A, ruling that the approval granted under section 153D was invalid. The tribunal found that the JCIT granted approval without considering factual and legal positions, proposed additions, appraisal reports, or incriminating material from the search. The approval was deemed a mere ritual and empty formality lacking application of mind, rendering it legally unenforceable. The assessment order was consequently quashed in favor of the assessee. Case-Laws Income Tax Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758484