https://www.taxtmi.com/highlights?id=48199 Reassessment u/s 147 - Sanction granted by the CIT u/s 151 - simply written “Yes I agree” which does not in any manner shed any light as to whether there was any application of mind at all by the Pr.CIT, - When a superior authority is given power by the legislature, to grant sanction to then that power needs to be exercised with due care and circumspection and after due application of mind - reassessment quashed en-us Thu, 25 Jul 2019 08:51:50 +0530 Thu, 25 Jul 2019 08:51:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48199 Reassessment u/s 147 - Sanction granted by the CIT u/s 151 - simply written “Yes I agree” which does not in any manner shed any light as to whether there was any application of mind at all by the Pr.CIT, - When a superior authority is given power by the legislature, to grant sanction to then that power needs to be exercised with due care and circumspection and after due application of mind - reassessment quashed Highlights Income Tax Thu, 25 Jul 2019 08:51:50 +0530 https://www.taxtmi.com/highlights?id=48199