https://www.taxtmi.com/caselaws?id=774742 A reassessment notice issued under the new regime after three years from the end of the relevant assessment year required prior sanction from the authority specified in section 151(ii), namely the Principal Chief Commissioner or equivalent higher authority. Because the notice recorded approval only from the Principal Commissioner, the statutory precondition for valid issuance was not satisfied, and the defect was not cured by that lower-level approval. The notice under section 148 was therefore held invalid and quashed, making examination of the reassessment merits unnecessary. en-us Wed, 14 May 2025 00:00:00 +0530 Mon, 14 Jul 2025 08:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774742 A reassessment notice issued under the new regime after three years from the end of the relevant assessment year required prior sanction from the authority specified in section 151(ii), namely the Principal Chief Commissioner or equivalent higher authority. Because the notice recorded approval only from the Principal Commissioner, the statutory precondition for valid issuance was not satisfied, and the defect was not cured by that lower-level approval. The notice under section 148 was therefore held invalid and quashed, making examination of the reassessment merits unnecessary. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774742