https://www.taxtmi.com/caselaws?id=448360 HC held the impugned reassessment notices and orders invalid for lack of mandatory approval by the specified authority under s.151(ii) read with the first proviso to s.148. The court concluded the approval requirement varies with the time-limit in s.151 and, since three years had elapsed, the approvals obtained were from the wrong category of authority. Consequently the notices/orders were quashed. The court granted the revenue liberty to initiate reassessment afresh if legally permissible, subject to compliance with the statutory approval requirement and applicable time limits. en-us Fri, 05 Jan 2024 00:00:00 +0530 Tue, 18 Nov 2025 18:12:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448360 HC held the impugned reassessment notices and orders invalid for lack of mandatory approval by the specified authority under s.151(ii) read with the first proviso to s.148. The court concluded the approval requirement varies with the time-limit in s.151 and, since three years had elapsed, the approvals obtained were from the wrong category of authority. Consequently the notices/orders were quashed. The court granted the revenue liberty to initiate reassessment afresh if legally permissible, subject to compliance with the statutory approval requirement and applicable time limits. Case-Laws Income Tax Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448360