Mechanical 153D Approval for 42 Cases Vitiates Entire 153A Assessments – ITAT Quashes All Years, Revenue Appeals Fail

Aman Feed Industries Vs DCIT (ITAT Chandigarh) Mechanical 153D Approval for 42 Cases Vitiates Entire 153A Assessments – ITAT Quashes All Years, Revenue Appeals Fail A search u/s 132 was conducted on 25.04.2018 on AFI Group. For all years, Assessee had already filed returns u/s 139, &  in response to notice u/s 153A filed returns declaring the same income. AO, however, made additions on various issues: alleged bogus purchases from Goyal Enterprises, estimation of turnover, rejection of books u/s 145(3), GP additions, unexplained cash/stock, capital introduction, &  other search-rela...