https://www.taxtmi.com/caselaws?id=459302 The ITAT Delhi quashed proceedings initiated under Section 153C read with Section 153A due to invalid approval under Section 153D. The tribunal found that the Additional Commissioner granted a common composite approval for all assessment years instead of separate approvals for each year as mandated by law. The approval was deemed mechanical and routine, lacking proper application of mind and cogent reasons for each assessment year separately. The tribunal held that such defective approval vitiated the entire proceedings, making them arbitrary and erroneous. Consequently, the assessee's appeal was allowed and all proceedings were quashed. en-us Fri, 31 May 2024 00:00:00 +0530 Sat, 07 Dec 2024 19:39:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459302 The ITAT Delhi quashed proceedings initiated under Section 153C read with Section 153A due to invalid approval under Section 153D. The tribunal found that the Additional Commissioner granted a common composite approval for all assessment years instead of separate approvals for each year as mandated by law. The approval was deemed mechanical and routine, lacking proper application of mind and cogent reasons for each assessment year separately. The tribunal held that such defective approval vitiated the entire proceedings, making them arbitrary and erroneous. Consequently, the assessee's appeal was allowed and all proceedings were quashed. Case-Laws Income Tax Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459302