https://www.taxtmi.com/caselaws?id=363508 The Tribunal allowed the appeal, quashing the approval granted by the Principal Commissioner under section 151, and all proceedings pursuant thereto, including the reassessment order. The Tribunal emphasized the necessity for a detailed and reasoned approval process under section 151, aligning with judicial precedents that safeguard against mechanical and perfunctory approvals. en-us Wed, 04 Jul 2018 00:00:00 +0530 Fri, 13 Jul 2018 06:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363508 The Tribunal allowed the appeal, quashing the approval granted by the Principal Commissioner under section 151, and all proceedings pursuant thereto, including the reassessment order. The Tribunal emphasized the necessity for a detailed and reasoned approval process under section 151, aligning with judicial precedents that safeguard against mechanical and perfunctory approvals. Case-Laws Income Tax Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363508