https://www.taxtmi.com/caselaws?id=762321 ITAT Delhi held that approvals granted under section 153D were invalid as the JCIT mechanically granted 39 approvals without proper application of mind. The tribunal ruled that approvals must be granted separately for each assessment year for each assessee, and the blanket approvals violated legal requirements. Consequently, all search assessments were declared bad in law and illegal, with all grounds raised by assessees being allowed across all assessment years under consideration. en-us Tue, 26 Nov 2024 00:00:00 +0530 Wed, 27 Nov 2024 15:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762321 ITAT Delhi held that approvals granted under section 153D were invalid as the JCIT mechanically granted 39 approvals without proper application of mind. The tribunal ruled that approvals must be granted separately for each assessment year for each assessee, and the blanket approvals violated legal requirements. Consequently, all search assessments were declared bad in law and illegal, with all grounds raised by assessees being allowed across all assessment years under consideration. Case-Laws Income Tax Tue, 26 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762321