ITAT Delhi Quashes Assessments Due to Invalid Section 153D Approval

Dheeraj Chaudhary Vs ACIT (ITAT Delhi) Split Bench, But Majority Wins: ITAT Delhi Quashes 153A Assessments– Omnibus 153D Approval Found Mechanical- Safeguard, Not Ritual – ITAT Strikes Down Search Assessments for Want of Proper 153D Approval Background Assessee: Shri Dheeraj Chaudhary (individual). Search: On Karan Luthra group (14.03.2014); followed by search at assessee’s premises (29.04.2014). Centralization: Case transferred to Central Circle-8, New Delhi (19.08.2015). AO: Issued notice u/s 153A; treated original return u/s 139(1) as response. Assessments: Completed u/s 153A r.w.s. ...