Mechanical u/s 153D Approval Invalidates u/s 153C Assessment: ITAT Quashes Entire Proceedings

ACIT Vs Vishwambhar Dayal Agarwal (ITAT Agra) Common 153D Approval = Common Fatality: 98 Approvals in One Day? ITAT Says Mechanical 153D- Agra ITAT Quashes Entire 153C Assessment Search u/s 132 on Pushpanjali Group (15–17.10.2014) led AO to make additions for alleged unrecorded land advances (Rs. 11.03 cr in Shri V.D. Agarwal, Rs. 15.20 cr in Shri Mayank Agarwal, Rs. 10.66 cr in Shri Puneet Agarwal), family jewellery (Rs. 99.31 lakh substantive in Shri V.D. Agarwal), & cash (Rs. 42 lakh). CIT(A) deleted the major additions, held jewellery explained & held that proceedings ought to ha...