https://www.taxtmi.com/caselaws?id=410659 The Tribunal invalidated the reopening of assessments for the years 2010-11 and 2011-12, citing lack of proper approval from the competent authority under Section 151 of the Income-tax Act. Additionally, income not initially part of the reasons for reopening was added, which was deemed impermissible. Consequently, all additional income added beyond the original grounds was deleted, and the Revenue's appeals were dismissed. The Tribunal stressed the importance of obtaining correct approval and sticking to the reasons provided for reopening assessments. en-us Mon, 02 Aug 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410659 The Tribunal invalidated the reopening of assessments for the years 2010-11 and 2011-12, citing lack of proper approval from the competent authority under Section 151 of the Income-tax Act. Additionally, income not initially part of the reasons for reopening was added, which was deemed impermissible. Consequently, all additional income added beyond the original grounds was deleted, and the Revenue's appeals were dismissed. The Tribunal stressed the importance of obtaining correct approval and sticking to the reasons provided for reopening assessments. Case-Laws Income Tax Mon, 02 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410659