https://www.taxtmi.com/caselaws?id=464197 HC upheld the Tribunal's quashing of reassessment proceedings, holding the reopening invalid because the PCIT did not exercise independent application of mind when granting sanction under s.151 for issue of notice under s.148. The approval amounted to a perfunctory endorsement (merely appending "Yes"), failing statutory obligations under s.151. Relying on precedent, the court found no reason to interfere with the Tribunal's conclusion and allowed the assessee's appeal. en-us Fri, 22 Mar 2024 00:00:00 +0530 Thu, 09 Oct 2025 20:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464197 HC upheld the Tribunal's quashing of reassessment proceedings, holding the reopening invalid because the PCIT did not exercise independent application of mind when granting sanction under s.151 for issue of notice under s.148. The approval amounted to a perfunctory endorsement (merely appending "Yes"), failing statutory obligations under s.151. Relying on precedent, the court found no reason to interfere with the Tribunal's conclusion and allowed the assessee's appeal. Case-Laws Income Tax Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464197