Absence of DIN Invalidates Section 153D Approval: ITAT Delhi

Bawa Float Glass Ltd Vs DCIT (ITAT Delhi) Introduction: In the case of Bawa Float Glass Ltd Vs DCIT, the Income Tax Appellate Tribunal (ITAT) Delhi addressed the issue of statutory approval granted under section 153D of the Income Tax Act lacking a Document Identification Number (DIN). The absence of DIN was contested by the assessee, leading to a crucial decision by the tribunal. Detailed Analysis: 1. Background: The appeal was filed by Bawa Float Glass Ltd against the appellate order of the Commissioner of Income Tax (Appeals) concerning the assessment order passed by the Assessing Officer u...