Assessment Quashed for Mechanical Approval Under Section 153D

Sunil Sponge Private Limited Vs ACIT (ITAT Raipur) Mechanical s.153D Approval = Assessment Void: ITAT Raipur Quashes Search Assessment Raipur ITAT ‘SMC’ Bench, in Sunil Sponge Pvt. Ltd. vs. ACIT  (ITA No.748/RPR/2025, AY 2018-19, order dated 24.12.2025), allowed the assessee’s appeal and quashed the assessment in toto, holding that the approval granted u/s 153D was mechanical, based on borrowed satisfaction and without independent application of mind, rendering the entire assessment non-est in law. At the threshold, the Tribunal condoned a short delay of 3 days, accepting the assesseeâ€...