https://www.taxtmi.com/caselaws?id=439045 The court ruled in favor of the petitioner in the reassessment proceedings for AY 2017-18. The court found that the approval of the specified authority was lacking, and the escaped income was below the threshold requirement. Consequently, the impugned notice and order under the Income Tax Act were quashed, along with the consequential notice. The interim order was vacated, and the writ petition was disposed of in favor of the petitioner. en-us Fri, 12 May 2023 00:00:00 +0530 Thu, 15 Jun 2023 08:04:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439045 The court ruled in favor of the petitioner in the reassessment proceedings for AY 2017-18. The court found that the approval of the specified authority was lacking, and the escaped income was below the threshold requirement. Consequently, the impugned notice and order under the Income Tax Act were quashed, along with the consequential notice. The interim order was vacated, and the writ petition was disposed of in favor of the petitioner. Case-Laws Income Tax Fri, 12 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439045