https://www.taxtmi.com/caselaws?id=784600 ITAT Delhi held that an assessment framed under section 153C read with section 143(3) of the Income-tax Act was unsustainable because the approval under section 153D was not valid. The Tribunal applied the settled principle that section 153D approval must be granted separately for each assessment year; a common approval covering multiple years for the same assessee does not satisfy the statutory requirement. On that basis, the assessment order was quashed and the issue was decided in favour of the assessee, leaving the remaining grounds academic. en-us Mon, 24 Nov 2025 00:00:00 +0530 Thu, 08 Jan 2026 08:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784600 ITAT Delhi held that an assessment framed under section 153C read with section 143(3) of the Income-tax Act was unsustainable because the approval under section 153D was not valid. The Tribunal applied the settled principle that section 153D approval must be granted separately for each assessment year; a common approval covering multiple years for the same assessee does not satisfy the statutory requirement. On that basis, the assessment order was quashed and the issue was decided in favour of the assessee, leaving the remaining grounds academic. Case-Laws Income Tax Mon, 24 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784600