https://www.taxtmi.com/caselaws?id=466889 Validity of notices under section 148 turned on whether the statutory sanction under section 151(ii) was obtained; for notices issued after more than three years the required sanction must come from the Principal Chief Commissioner or specified equivalent. Sanction by the Principal Commissioner did not satisfy section 151(ii), so the sanction process was non-compliant, rendering the section 148 notice and consequent reassessment under section 147 read with section 144B invalid. The ITAT quashed the reassessment and allowed the appeal in favour of the assessee. en-us Mon, 27 Jan 2025 00:00:00 +0530 Tue, 24 Feb 2026 17:23:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466889 Validity of notices under section 148 turned on whether the statutory sanction under section 151(ii) was obtained; for notices issued after more than three years the required sanction must come from the Principal Chief Commissioner or specified equivalent. Sanction by the Principal Commissioner did not satisfy section 151(ii), so the sanction process was non-compliant, rendering the section 148 notice and consequent reassessment under section 147 read with section 144B invalid. The ITAT quashed the reassessment and allowed the appeal in favour of the assessee. Case-Laws Income Tax Mon, 27 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466889