https://www.taxtmi.com/caselaws?id=193168 The ITAT Delhi held that a notice issued under section 148 for the assessment year 2005-06 without prior sanction under section 151 is invalid. The approval received post-notice issuance did not meet statutory requirements, leading to the quashing of the notice and subsequent proceedings. Emphasizing the need for prior satisfaction of the Joint Commissioner before issuing such notices, the ITAT upheld the importance of complying with procedural requirements for initiating reassessment proceedings under section 147. The appeals were partly allowed based on this decision. en-us Mon, 15 Feb 2016 00:00:00 +0530 Sat, 15 Jul 2017 15:28:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193168 The ITAT Delhi held that a notice issued under section 148 for the assessment year 2005-06 without prior sanction under section 151 is invalid. The approval received post-notice issuance did not meet statutory requirements, leading to the quashing of the notice and subsequent proceedings. Emphasizing the need for prior satisfaction of the Joint Commissioner before issuing such notices, the ITAT upheld the importance of complying with procedural requirements for initiating reassessment proceedings under section 147. The appeals were partly allowed based on this decision. Case-Laws Income Tax Mon, 15 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193168