Statutory Authority Must Not Grant Approval U/s 153D Mechanically: Delhi ITAT Criticizes On Unjust Exercise Of Discretion By AO

In a recent decision, Delhi ITAT found that the mechanical exercise of discretion by the AO under Sec 153D of the Income Tax Act lacked statutory authority approval, deeming it unjust. The case underscores the importance of AO's discretion being grounded in statutory guidelines to avoid arbitrary decisions. This ruling highlights procedural adherence in tax matters, impacting future appeals against orders.