Prior Approval Under Section 153D is Mandatory & should not be mechanical

ACIT Vs Serajuddin & Co. Kolkata (Orissa High Court) The case of ACIT vs. Serajuddin & Co. Kolkata, heard by the Orissa High Court, revolves around a dispute regarding the approval process under Section 153D of the Income Tax Act, 1961. The case stems from appeals filed by both the Assessee and the Revenue against separate orders of the Commissioner of Income Tax (Appeals) for multiple assessment years. The essence of the dispute lies in whether the approving authority, in this case, the Additional Commissioner of Income Tax (Additional CIT), had adequately applied their mind before gr...