Common 153D Approval for 14 Years Held Void – ITAT Quashes Entire Block of Assessments

Brij Kishore Sabharwal Vs ACIT (ITAT Delhi) Section 153D Approval Must Be Year-Specific & Assessee-Specific – Common Approval Held Void, Entire Block Scrapped; Section 153D Approval Must Be Independent for Each Year – Mechanical Approval Vitiates Assessment; “Rubber-Stamped” 153D Sanction Invalid – ITAT Strikes Down Four Years’ Assessments; ITAT: One Approval Can’t Cover All – Common 153D Nod for Two Assessees Declared Illegal; Jurisdictional Safeguard Ignored – Common 153D Approval Quashed by ITAT Delhi A search u/s 132 was conducted in the case of Pankaj Kumar Group, du...