https://www.taxtmi.com/caselaws?id=779488 ITAT, DELHI (AT) held that reassessment was invalid because approval under s.151 was not obtained from the competent authority in the legally required manner; the approval was merely mechanical. Following the principle in NC Cables Ltd., the Tribunal quashed the entire reassessment proceedings and allowed the taxpayer's appeal, finding the assumption of jurisdiction under s.147 unsustainable. en-us Wed, 22 Jan 2025 00:00:00 +0530 Fri, 03 Oct 2025 16:34:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779488 ITAT, DELHI (AT) held that reassessment was invalid because approval under s.151 was not obtained from the competent authority in the legally required manner; the approval was merely mechanical. Following the principle in NC Cables Ltd., the Tribunal quashed the entire reassessment proceedings and allowed the taxpayer's appeal, finding the assumption of jurisdiction under s.147 unsustainable. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779488