Search Assessments Quashed Due to Defective Section 153D Approval

ACIT Vs Honey Arora (ITAT Delhi) Mechanical Common Approval under Section 153D Invalid: Delhi ITAT Quashes All Search Assessments in Honey Arora’s Case The Delhi Bench of the ITAT quashed the search assessments framed under section 153A for AYs 2010-11 to 2019-20 in the case of Sh. Honey Arora, holding that the mandatory approval under section 153D was invalid as it was granted through a single, combined approval for multiple assessment years. The Tribunal noted that the prescribed authority had accorded one consolidated approval dated 23.04.2021 covering ten assessment years, which is imper...