ITAT Delhi Quashes Search Assessments as Section 153D Approval Was Mechanical

Periwal Polymers Pvt. Ltd. Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT), Delhi Bench, considered appeals filed by the assessee challenging orders of the Commissioner of Income Tax (Appeals) dated 25.02.2025 for Assessment Years (AYs) 2018–19 to 2021–22. The assessee raised several technical and substantive grounds against the assessments. A principal issue raised across the appeals was the validity of approval granted under Section 153D of the Income Tax Act. The assessee contended that the approval granted by the Additional Commissioner of Income Tax (Addl. CIT) was mecha...