Legality of Prior approval of Joint Commissioner for Assessment in Search Cases under Section 153D of the Income Tax Act, 1961

Section 153D of the act in the present Search Assessment regime mandates that prior approval is necessary for a valid assessment under Section 153A and 153C of the act. For the sake of brevity, the relevant extract provisions of Section 153D of the act are reproduced herein below:- “No order of assessment or reassessment shall […]

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