https://www.taxtmi.com/caselaws?id=413451 The Tribunal quashed the assessment order, ruling in favor of the appellant, as obtaining approval from the Commissioner of Income Tax instead of the Joint Commissioner, as mandated by section 151(2) of the Income-tax Act, rendered the notice issued under section 148 invalid. The Tribunal emphasized strict adherence to statutory provisions and designated authorities for exercising powers under the Act. Consequently, the appeal was allowed, setting aside the tax authorities' orders for the relevant year. This case underscores the importance of procedural compliance and statutory requirements in tax assessments, particularly concerning the approval process for reopening assessments under the Income-tax Act. en-us Thu, 30 Sep 2021 00:00:00 +0530 Tue, 12 Oct 2021 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413451 The Tribunal quashed the assessment order, ruling in favor of the appellant, as obtaining approval from the Commissioner of Income Tax instead of the Joint Commissioner, as mandated by section 151(2) of the Income-tax Act, rendered the notice issued under section 148 invalid. The Tribunal emphasized strict adherence to statutory provisions and designated authorities for exercising powers under the Act. Consequently, the appeal was allowed, setting aside the tax authorities' orders for the relevant year. This case underscores the importance of procedural compliance and statutory requirements in tax assessments, particularly concerning the approval process for reopening assessments under the Income-tax Act. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413451