https://www.taxtmi.com/caselaws?id=444978 The HC set aside the notice dated 30.03.2018 and the order dated 06.12.2018 concerning reassessment proceedings under the Income Tax Act, 1961, due to the absence of valid satisfaction and approval from the PCIT. The Court found that the statutory requirements for approval were not met, as the PCIT's approval lacked proper application of mind and was not communicated to the petitioner. Consequently, the reassessment proceedings were deemed invalid, and the writ petition was disposed of, instructing parties to proceed based on the digitally signed order. en-us Tue, 26 Sep 2023 00:00:00 +0530 Thu, 24 Oct 2024 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444978 The HC set aside the notice dated 30.03.2018 and the order dated 06.12.2018 concerning reassessment proceedings under the Income Tax Act, 1961, due to the absence of valid satisfaction and approval from the PCIT. The Court found that the statutory requirements for approval were not met, as the PCIT's approval lacked proper application of mind and was not communicated to the petitioner. Consequently, the reassessment proceedings were deemed invalid, and the writ petition was disposed of, instructing parties to proceed based on the digitally signed order. Case-Laws Income Tax Tue, 26 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444978