https://www.taxtmi.com/caselaws?id=774170 ITAT, Chandigarh (AT) quashed the notice under s.148 and the assessment dated 31.03.2023, finding variance between AO's reasons and PCIT/Addl. CIT approval and that the approving authority acted mechanically without application of mind. Additions based on alleged excess electricity consumption and assumed unaccounted production/sales were held unsustainable; the AO's and CIT(A)'s unit-rate approaches were rejected and departmental appeal grounds 1-3 were dismissed while the assessee's ground 4 was allowed. Addition of Rs. 7,70,048 for alleged bogus purchases (sustained by CIT(A)) was deleted and departmental grounds 4-7 were dismissed. en-us Wed, 28 May 2025 00:00:00 +0530 Tue, 24 Feb 2026 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774170 ITAT, Chandigarh (AT) quashed the notice under s.148 and the assessment dated 31.03.2023, finding variance between AO's reasons and PCIT/Addl. CIT approval and that the approving authority acted mechanically without application of mind. Additions based on alleged excess electricity consumption and assumed unaccounted production/sales were held unsustainable; the AO's and CIT(A)'s unit-rate approaches were rejected and departmental appeal grounds 1-3 were dismissed while the assessee's ground 4 was allowed. Addition of Rs. 7,70,048 for alleged bogus purchases (sustained by CIT(A)) was deleted and departmental grounds 4-7 were dismissed. Case-Laws Income Tax Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774170