https://www.taxtmi.com/caselaws?id=773273 ITAT Delhi quashed assessment proceedings initiated under section 153C read with section 143(3) due to invalid approval under section 153D. The tribunal held that approval must be obtained separately for each assessment year before passing assessment orders under section 153A, not through common approval. Following Allahabad HC precedent in PCIT Central vs. Siddharth Gupta, the tribunal ruled that conjoint reading of sections 153A(1) and 153D mandates year-specific approvals. The mechanical approval process was deemed insufficient, requiring distinct approval for each assessment year within the six-year period covered under section 153A proceedings. en-us Wed, 21 May 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773273 ITAT Delhi quashed assessment proceedings initiated under section 153C read with section 143(3) due to invalid approval under section 153D. The tribunal held that approval must be obtained separately for each assessment year before passing assessment orders under section 153A, not through common approval. Following Allahabad HC precedent in PCIT Central vs. Siddharth Gupta, the tribunal ruled that conjoint reading of sections 153A(1) and 153D mandates year-specific approvals. The mechanical approval process was deemed insufficient, requiring distinct approval for each assessment year within the six-year period covered under section 153A proceedings. Case-Laws Income Tax Wed, 21 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773273