Mechanical Approval U/S 153D Vitiates Assessment: ITAT Mumbai

Vrushali Sanjay Shinde Vs DCIT (ITAT Mumbai) Introduction: In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai has addressed the issue of mechanical approvals under Section 153D of the Income Tax Act and its impact on assessments. This landmark decision has far-reaching implications for taxpayers and tax authorities alike. Detailed Analysis: The case in question revolves around the approval process under Section 153D, which mandates that assessments in search cases must receive prior approval from a superior authority. The primary purpose of this requirement is to ensure ...