https://www.taxtmi.com/caselaws?id=461652 ITAT Raipur quashed the assessment framed under sections 147, 144, and 144B for AY 2017-18. The Assessing Officer issued notice under section 148 on 30.06.2022, beyond three years from the assessment year end, requiring approval under section 151(ii) from specified authorities like Principal Chief Commissioner or Principal Director General. However, the AO obtained approval from Principal Commissioner of Income Tax, who lacked jurisdiction under the statutory mandate effective from 01.04.2021. The assessment was deemed invalid due to improper assumption of jurisdiction and was quashed in favor of the assessee. en-us Tue, 22 Oct 2024 00:00:00 +0530 Sat, 19 Apr 2025 08:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461652 ITAT Raipur quashed the assessment framed under sections 147, 144, and 144B for AY 2017-18. The Assessing Officer issued notice under section 148 on 30.06.2022, beyond three years from the assessment year end, requiring approval under section 151(ii) from specified authorities like Principal Chief Commissioner or Principal Director General. However, the AO obtained approval from Principal Commissioner of Income Tax, who lacked jurisdiction under the statutory mandate effective from 01.04.2021. The assessment was deemed invalid due to improper assumption of jurisdiction and was quashed in favor of the assessee. Case-Laws Income Tax Tue, 22 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461652