https://www.taxtmi.com/caselaws?id=388858 The High Court of Bombay found the notice and order for reopening assessment under section 148 of the Income Tax Act, 1961 to be invalid due to non-compliance with statutory provisions. The court held that the Chief Commissioner's sanction did not meet the requirements of section 151(2), rendering the notice and order unsustainable in law. Consequently, the court quashed the notice and order, ruling in favor of the Petitioner based on the legal inadequacy of the sanction obtained. en-us Thu, 14 Nov 2019 00:00:00 +0530 Mon, 25 Nov 2019 10:36:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388858 The High Court of Bombay found the notice and order for reopening assessment under section 148 of the Income Tax Act, 1961 to be invalid due to non-compliance with statutory provisions. The court held that the Chief Commissioner's sanction did not meet the requirements of section 151(2), rendering the notice and order unsustainable in law. Consequently, the court quashed the notice and order, ruling in favor of the Petitioner based on the legal inadequacy of the sanction obtained. Case-Laws Income Tax Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388858