https://www.taxtmi.com/caselaws?id=756476 Reassessment beyond three years for Assessment Year 2018-19 required sanction under Section 151(ii) from the Principal Chief Commissioner of Income Tax. The proviso to Section 151, inserted from 1 April 2023, was held inapplicable to the notice and order issued on 22 April 2022. Because sanction was instead granted by the Principal Commissioner of Income Tax, the approval was invalid. The notice under Section 148 and the order under Section 148A(d) were therefore quashed and set aside in favour of the assessee. en-us Thu, 22 Feb 2024 00:00:00 +0530 Fri, 02 Aug 2024 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756476 Reassessment beyond three years for Assessment Year 2018-19 required sanction under Section 151(ii) from the Principal Chief Commissioner of Income Tax. The proviso to Section 151, inserted from 1 April 2023, was held inapplicable to the notice and order issued on 22 April 2022. Because sanction was instead granted by the Principal Commissioner of Income Tax, the approval was invalid. The notice under Section 148 and the order under Section 148A(d) were therefore quashed and set aside in favour of the assessee. Case-Laws Income Tax Thu, 22 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756476