https://www.taxtmi.com/caselaws?id=769291 ITAT Delhi held that assessment orders under section 153A were invalid due to absence of incriminating material discovered during search. The tribunal found that alleged incriminating material consisted primarily of third-party statements made before or after search proceedings, not actual seized documents. Additionally, the approval under section 153D was deemed defective as the Additional CIT granted merely "technical approval" without examining underlying material or legal position, rendering it an empty formality. Following precedents from SC and Delhi HC, the tribunal quashed all additions and allowed the assessee's appeals. en-us Wed, 12 Feb 2025 00:00:00 +0530 Wed, 23 Apr 2025 09:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769291 ITAT Delhi held that assessment orders under section 153A were invalid due to absence of incriminating material discovered during search. The tribunal found that alleged incriminating material consisted primarily of third-party statements made before or after search proceedings, not actual seized documents. Additionally, the approval under section 153D was deemed defective as the Additional CIT granted merely "technical approval" without examining underlying material or legal position, rendering it an empty formality. Following precedents from SC and Delhi HC, the tribunal quashed all additions and allowed the assessee's appeals. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769291