Approval accorded u/s. 153D without application of mind is unenforceable in law

M.G. Metalloy Private Limited Vs DCIT (ITAT Delhi)

ITAT Delhi held that hollow and cosmetic approval accorded under section 153D of the Income Tax Act without application of mind is unenforceable in law and hence liable to be quashed.

Facts- A search & seizure action u/s. 132 of the Act was carried out on ‘Apple Group of Companies’ including the captioned assessee. Consequently, a notice u/s. 153A of the Act was issued and served on the assessee. In response to the

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