Prior approval necessary for assessment in cases of search or requisition - Section 153D - Income Tax - Ready Reckoner - Income Tax

Section 153D - Prior approval necessary for assessment in cases of search or requisition No order of assessment or reassessment shall be passed by an Assessing Officer below the rank of Joint Commissioner in respect of each - assessment year referred to section 153A(1)(b) or - the assessment year referred to section 153B(1)(b) , except with the prior approval of the Joint Commissioner Provided that nothing contained in this section shall apply where the assessment or reassessment order, as the case may be, is required to be passed by the Assessing Officer with the prior approval of the Principal Commissioner or Commissioner 144BA(12) . Provisions of section 153D do not require any opportunity of hearing to be given to assessee by authority who has to approve draft assessment order passed by assessing Authority. [Gopal S. Pandit vs. CIT 2018 (7) TMI 468 - KARNATAKA HIGH COURT]