https://www.taxtmi.com/caselaws?id=392015 ITAT DELHI - AT held the reopening under s.147 void ab initio because the sanction under s.151 consisted only of perfunctory entries ("Yes, I am satisfied"), showing no application of mind by the competent authority. The Tribunal, following HC precedent, found such approval invalid and therefore the notice under s.148 and consequent reassessment were illegal. The addition under s.68 was set aside and the appeal decided in favour of the taxpayer. en-us Mon, 10 Feb 2020 00:00:00 +0530 Fri, 22 Aug 2025 22:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392015 ITAT DELHI - AT held the reopening under s.147 void ab initio because the sanction under s.151 consisted only of perfunctory entries ("Yes, I am satisfied"), showing no application of mind by the competent authority. The Tribunal, following HC precedent, found such approval invalid and therefore the notice under s.148 and consequent reassessment were illegal. The addition under s.68 was set aside and the appeal decided in favour of the taxpayer. Case-Laws Income Tax Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392015