https://www.taxtmi.com/caselaws?id=462567 ITAT Raipur held that assessment order u/s 143(3) r.w.s. 153B(b) was invalid due to absence of proper approval u/s 153D. The AO continued assessment proceedings after forwarding draft assessment order to Jt. CIT for approval, making material modifications without informing the approving authority. The final assessment order materially differed from the approved draft order. Court ruled that once draft assessment order is approved, AO becomes functus officio and cannot make further changes. Since Jt. CIT did not consider modifications made by AO, the assessment lacked valid approval as mandated by law. Assessment order was struck down and assessee's appeal was allowed. en-us Mon, 06 Jan 2025 00:00:00 +0530 Mon, 30 Jun 2025 17:47:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462567 ITAT Raipur held that assessment order u/s 143(3) r.w.s. 153B(b) was invalid due to absence of proper approval u/s 153D. The AO continued assessment proceedings after forwarding draft assessment order to Jt. CIT for approval, making material modifications without informing the approving authority. The final assessment order materially differed from the approved draft order. Court ruled that once draft assessment order is approved, AO becomes functus officio and cannot make further changes. Since Jt. CIT did not consider modifications made by AO, the assessment lacked valid approval as mandated by law. Assessment order was struck down and assessee's appeal was allowed. Case-Laws Income Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462567