https://www.taxtmi.com/caselaws?id=778450 ITAT held the assessment invalid for want of a valid prior approval under s.153D, noting the Revenue failed to produce the approval documents or evidence thereof and the approval could not be traced. Relying on established precedent that competent-authority approval under s.153D is mandatory and must reflect considered satisfaction, the Tribunal allowed the additional ground and allowed the assessee's appeal, setting aside the impugned assessment. en-us Fri, 17 Jan 2025 00:00:00 +0530 Wed, 17 Sep 2025 08:31:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778450 ITAT held the assessment invalid for want of a valid prior approval under s.153D, noting the Revenue failed to produce the approval documents or evidence thereof and the approval could not be traced. Relying on established precedent that competent-authority approval under s.153D is mandatory and must reflect considered satisfaction, the Tribunal allowed the additional ground and allowed the assessee's appeal, setting aside the impugned assessment. Case-Laws Income Tax Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778450