Held that Addl. CIT is granted approval to the draft assessment order however no approval for income determined in the draft assessment order and assessment determined in the assessment order. Remanded to get the approval of the Addl. CIT and to proceed in accordance with law. (AY. 2007-08 to 2012-13)
Bibhudutta Panda v. ACIT (2023) 222 TTJ 273 (Cuttack)(Trib)
S. 153D : Assessment-Search-Approval-Addl. CIT is granted approval to the draft assessment order-No approval for income determined in the draft assessment order and assessment determined in the assessment order-Remanded to get the approval of the Addl. CIT and to proceed in accordance with law. [S. 153A]