https://www.taxtmi.com/caselaws?id=777458 The Tribunal held the reassessment notice dated 28-07-2022 for AY 2016-17 invalid as it was issued beyond the three-year period and carried only prior approval of the Principal Commissioner; sanction under section 151(ii) required approval by the Principal Chief Commissioner or Principal Director General (or, where absent, Chief Commissioner or Director General). As the statutory approver was not the competent authority, the reopening failed and the assessee's appeal was allowed. en-us Wed, 27 Aug 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777458 The Tribunal held the reassessment notice dated 28-07-2022 for AY 2016-17 invalid as it was issued beyond the three-year period and carried only prior approval of the Principal Commissioner; sanction under section 151(ii) required approval by the Principal Chief Commissioner or Principal Director General (or, where absent, Chief Commissioner or Director General). As the statutory approver was not the competent authority, the reopening failed and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 27 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777458