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Income Tax - Highlights / Catch Notes

Home Highlights December 2024 Year 2024 This

The Additional Commissioner of Income Tax's approval u/s 153D ...


Approval for tax reassessment quashed due to mechanical grant sans due diligence.

December 17, 2024

Case Laws     Income Tax     AT

The Additional Commissioner of Income Tax's approval u/s 153D was held invalid as it was granted mechanically without applying mind. Relying on the coordinate Bench's ruling in the assessee's own case for previous years and Neetu Nayyar's case, upheld by the Hon'ble High Court, the Tribunal quashed the assessment order as the underlying approval u/s 153D was vitiated by lack of proper application of mind. Consequently, the assessee succeeded.

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