Assessment orders passed u/s 153A quashed in absence of individual approval u/s 153D

Inder Pal Singh Arora Vs DCIT (ITAT Dehradun) Held that in the present case the approving authority has acted casually and granted the approval u/s. 153D in a mechanical manner without judicious exercise of power. According, approval granted u/s 153D was quashed and consequently the assessment order u/s 153A was also quashed. Facts- Pursuant to the search, the assessment for the year was completed u/s 153A(1)(b) r.w.s. 143(3) of the Act. AO made additions of Rs. 36,05,000/- and Rs. 36,00,950/- as undisclosed investment and unexplained credit u/s 68 of the Act respectively. CIT (A) has upheld t...