Tribunal held that the approval was granted mechanically without application of mind. Multiple approvals were granted on the same day on other group cases. Assessment order passed based on invalid approval was quashed. (AY. 2017-18)
Navratan Management P. Ltd v. Dy. CIT (2025) 128 ITR 100 (Mum)(Trib)
S. 153D: Assessment-Search-Approval-Mechanical approval-Multiple approval on other group cases -Non-application of mind -Order was quashed. [S. 132, 153A]
Leave a Reply