https://www.taxtmi.com/caselaws?id=770171 The Delhi HC held that reassessment proceedings were invalid due to lack of proper approval under Section 151. The AO issued notice under Section 148 after obtaining approval from JCIT instead of the statutorily required approval from CIT or CCIT. Since the original assessment was completed under Section 143(3), proviso (1) to Section 151(1) mandated approval from CIT/CCIT before issuing reassessment notice. The court ruled that the notice and subsequent assessment order under Section 147 were invalid and unsustainable, deciding in favor of the assessee. en-us Mon, 21 Apr 2025 00:00:00 +0530 Wed, 07 May 2025 09:18:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770171 The Delhi HC held that reassessment proceedings were invalid due to lack of proper approval under Section 151. The AO issued notice under Section 148 after obtaining approval from JCIT instead of the statutorily required approval from CIT or CCIT. Since the original assessment was completed under Section 143(3), proviso (1) to Section 151(1) mandated approval from CIT/CCIT before issuing reassessment notice. The court ruled that the notice and subsequent assessment order under Section 147 were invalid and unsustainable, deciding in favor of the assessee. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770171