Common & Ritualistic Section 153D Approval renders Assessment Void

Minda Corporation Limited Vs DCIT (ITAT Delhi) Common & Ritualistic 153D Approval Not Valid -Assessment Void Where Draft Orders Not Duly Approved Delhi Tribunal was called upon to examine validity of search assessments framed u/s 153A r.w.s. 143(3) for A.Ys. 2016-17, 2017-18 & 2018-19. Cross appeals were filed by both Assessee & Revenue. Assessee contended that AO originally passed assessment orders on 12.05.2021 without passing draft orders. Later, by corrigendum dated 17.05.2021, those were retrospectively treated as “draft assessment orders”. However, approval u/s 153D dated...