https://www.taxtmi.com/caselaws?id=775996 The ITAT Kolkata held that the reassessment notice issued under section 148 was invalid due to the Assessing Officer's failure to obtain prior approval from the competent authority as mandated by section 151, relying on Calcutta HC precedent. Approval obtained only from PCIT instead of PCCIT rendered the notice beyond three years defective. Consequently, the reassessment proceedings and additions made by the AO were quashed. The appeal of the assessee was allowed. en-us Wed, 01 Jan 2025 00:00:00 +0530 Mon, 04 Aug 2025 08:28:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775996 The ITAT Kolkata held that the reassessment notice issued under section 148 was invalid due to the Assessing Officer's failure to obtain prior approval from the competent authority as mandated by section 151, relying on Calcutta HC precedent. Approval obtained only from PCIT instead of PCCIT rendered the notice beyond three years defective. Consequently, the reassessment proceedings and additions made by the AO were quashed. The appeal of the assessee was allowed. Case-Laws Income Tax Wed, 01 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775996