Notices for reopening tax assessments quashed due to lack of required authority approval; further steps allowed if legal. https://www.taxtmi.com/highlights?id=74240 Validity of reopening of assessment - approval of specified authority u/s 151 - Notices quashed on the ground that there is no approval of the specified authority, as indicated in Section 151(ii) of the Act. The direction is issued with the caveat that the revenue will have liberty to take steps, if deemed necessary, albeit as per law. - HC en-us Wed, 17 Jan 2024 12:08:36 +0530 Wed, 17 Jan 2024 12:08:36 +0530 TaxTMI RSS Generator Notices for reopening tax assessments quashed due to lack of required authority approval; further steps allowed if legal. https://www.taxtmi.com/highlights?id=74240 Validity of reopening of assessment - approval of specified authority u/s 151 - Notices quashed on the ground that there is no approval of the specified authority, as indicated in Section 151(ii) of the Act. The direction is issued with the caveat that the revenue will have liberty to take steps, if deemed necessary, albeit as per law. - HC Highlights Income Tax Wed, 17 Jan 2024 12:08:36 +0530 https://www.taxtmi.com/highlights?id=74240