ITAT Delhi Quashes Search Assessment due to Consolidated Section 153D Approval

Amit Gupta and Sons HUF Vs DCIT (ITAT Delhi)

The Income Tax Appellate Tribunal (ITAT) Delhi has quashed the search assessment order for the Assessment Year 2013-14 in the case of Amit Gupta and Sons HUF Vs DCIT. The assessment was conducted under Section 153C of the Income Tax Act following a search and seizure operation on the Devipriya Group, Meerut. The assessee challenged the assessment, arguing that the jurisdiction under Section 153C was wrongly assumed and the assessment order was invalid due to improper approval under Section 153D. ITAT noted that the appro

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