https://www.taxtmi.com/caselaws?id=778888 ITAT CHENNAI - AT allowed the appeal of the assessee, holding that sanction granted under s.151(i) instead of s.151(ii) for issuance of notice under s.148 and for order under s.148A(d) (after the three-year period) vitiated the entire reassessment under s.147. The PCIT, assuming revisionary jurisdiction under s.263, lacked power to set aside the non-est re-assessment order and direct the AO to pass a fresh assessment. The reassessment proceedings were therefore held invalid. en-us Fri, 19 Sep 2025 00:00:00 +0530 Wed, 24 Sep 2025 08:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778888 ITAT CHENNAI - AT allowed the appeal of the assessee, holding that sanction granted under s.151(i) instead of s.151(ii) for issuance of notice under s.148 and for order under s.148A(d) (after the three-year period) vitiated the entire reassessment under s.147. The PCIT, assuming revisionary jurisdiction under s.263, lacked power to set aside the non-est re-assessment order and direct the AO to pass a fresh assessment. The reassessment proceedings were therefore held invalid. Case-Laws Income Tax Fri, 19 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778888