Dismissing the appeal of the revenue, the Court held that where a competent authority, while granting approval for a draft assessment order, issued a single consolidated letter covering multiple proposed assessments, giving a generic direction to pass orders before limitation and to send copies for record, without reference to seized material or assessment records, such approval is not valid. Circular No. 3 of 2008, dt.  12-3-2008. (AY. 2006-07, 2007-08 & 2008-09)(AY. 2007-08)