https://www.taxtmi.com/caselaws?id=459946 The Delhi HC held that approval under Section 153D of the Income Tax Act cannot be granted mechanically or as a mere formality. The court emphasized that the statutory authority must demonstrate proper application of mind when according approval for assessment under Section 153A. The decision reinforced that such approvals cannot be rubber-stamped casually but require due consideration and reasoning to be reflected in the approval order. The court reiterated this principle following its earlier ruling in a similar case involving proper exercise of powers under Section 153D. en-us Tue, 20 Aug 2024 00:00:00 +0530 Fri, 03 Jan 2025 10:47:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459946 The Delhi HC held that approval under Section 153D of the Income Tax Act cannot be granted mechanically or as a mere formality. The court emphasized that the statutory authority must demonstrate proper application of mind when according approval for assessment under Section 153A. The decision reinforced that such approvals cannot be rubber-stamped casually but require due consideration and reasoning to be reflected in the approval order. The court reiterated this principle following its earlier ruling in a similar case involving proper exercise of powers under Section 153D. Case-Laws Income Tax Tue, 20 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459946