https://www.taxtmi.com/caselaws?id=309564 The HC allowed the writ petition challenging the notice issued under section 148 of the Income Tax Act, 1961, for reopening the assessment year 2015-16. The court set aside the notice dated 27th March 2021 and the order rejecting the petitioner's objections, citing improper approval for reassessment. The court emphasized the necessity of obtaining sanction from the appropriate authorities as per section 151 of the Act, which was not adhered to in this case, thereby invalidating the reopening of the assessment. en-us Mon, 04 Jul 2022 00:00:00 +0530 Wed, 25 Oct 2023 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309564 The HC allowed the writ petition challenging the notice issued under section 148 of the Income Tax Act, 1961, for reopening the assessment year 2015-16. The court set aside the notice dated 27th March 2021 and the order rejecting the petitioner's objections, citing improper approval for reassessment. The court emphasized the necessity of obtaining sanction from the appropriate authorities as per section 151 of the Act, which was not adhered to in this case, thereby invalidating the reopening of the assessment. Case-Laws Income Tax Mon, 04 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309564