https://www.taxtmi.com/caselaws?id=355347 The Court upheld the appellant's argument that re-opening assessments beyond a specified period under Section 151(1) of the Income Tax Act required approval from higher authorities. Relying on precedents from the Calcutta High Court and the Allahabad High Court, the Court emphasized the necessity of obtaining sanction before initiating such assessments. The judgment reaffirmed the importance of procedural compliance and adherence to statutory provisions in re-assessment proceedings, highlighting the significance of approval from Chief Commissioner or Commissioner for such actions. en-us Thu, 08 Feb 2018 00:00:00 +0530 Thu, 08 Mar 2018 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355347 The Court upheld the appellant's argument that re-opening assessments beyond a specified period under Section 151(1) of the Income Tax Act required approval from higher authorities. Relying on precedents from the Calcutta High Court and the Allahabad High Court, the Court emphasized the necessity of obtaining sanction before initiating such assessments. The judgment reaffirmed the importance of procedural compliance and adherence to statutory provisions in re-assessment proceedings, highlighting the significance of approval from Chief Commissioner or Commissioner for such actions. Case-Laws Income Tax Thu, 08 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355347