https://www.taxtmi.com/highlights?id=73899 Reopening of assessment u/s 147 after 4 years - Validity of Sanction for issue of notice u/s 151 - respectfully following the aforesaid decision provisions of section 151, as it stood during the assessment year 2017-18, i.e. the year in which reasons were recorded by the AO for reopening the assessment and notice u/s 148 was issued, will be applicable and thus, we find no infirmity in the sanction granted by PCIT u/s 151 in the present case. - AT en-us Tue, 02 Jan 2024 09:12:05 +0530 Tue, 02 Jan 2024 09:12:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73899 Reopening of assessment u/s 147 after 4 years - Validity of Sanction for issue of notice u/s 151 - respectfully following the aforesaid decision provisions of section 151, as it stood during the assessment year 2017-18, i.e. the year in which reasons were recorded by the AO for reopening the assessment and notice u/s 148 was issued, will be applicable and thus, we find no infirmity in the sanction granted by PCIT u/s 151 in the present case. - AT Highlights Income Tax Tue, 02 Jan 2024 09:12:05 +0530 https://www.taxtmi.com/highlights?id=73899