https://www.taxtmi.com/caselaws?id=765949 The ITAT PUNE-AT quashed the assessment order and notice u/s 148 due to improper sanction under section 151. The order u/s 148A(d) was passed on 06.04.2022 for A.Y. 2018-19, beyond three years from the assessment year end, requiring approval from Principal Chief Commissioner of Income Tax (PCCIT). However, approval was granted by Principal Commissioner of Income Tax (PCIT), which was insufficient under section 151(ii). Following the precedent in Holiday Developers case, the tribunal held the sanctioning authority was improper and decided in favor of the assessee. en-us Mon, 10 Feb 2025 00:00:00 +0530 Thu, 13 Feb 2025 08:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765949 The ITAT PUNE-AT quashed the assessment order and notice u/s 148 due to improper sanction under section 151. The order u/s 148A(d) was passed on 06.04.2022 for A.Y. 2018-19, beyond three years from the assessment year end, requiring approval from Principal Chief Commissioner of Income Tax (PCCIT). However, approval was granted by Principal Commissioner of Income Tax (PCIT), which was insufficient under section 151(ii). Following the precedent in Holiday Developers case, the tribunal held the sanctioning authority was improper and decided in favor of the assessee. Case-Laws Income Tax Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765949