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2017 (4) TMI 1371 - AT - Income TaxAssessment under section 153A - Held that:- In the present case ACIT has granted impugned approval half heartedly without application of mind and without considering and perusing the material on record. Thus, we are inclined to hold that there has been no application of mind by the ACIT before granting the approval. Consequently, we hold that the assessment orders made u/s. 143(3) of the Act r.w.s. 153A of the Act in the case of M/s. Siddhbhumi Alloys Ltd. for Assessment Year 2006-07 is bad in law and deserve to be annulled, thus, we ordered accordingly.
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