https://www.taxtmi.com/caselaws?id=787621 For reopenings beyond the three-year period, prior approval must come from the specific authorities designated by statute; approval from an authority not so designated renders any notice issued for reopening and the consequent reassessment invalid, and the reassessment is quashed. Penalty proceedings founded on that reassessment do not survive independently; where the reassessment is set aside, consequential penalty orders premised on the reassessment are vitiated and are quashed. The statutory allocation of authority for prior approval is mandatory and governs the validity of post-three-year reopenings and related penalties. en-us Fri, 06 Mar 2026 00:00:00 +0530 Tue, 10 Mar 2026 08:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787621 For reopenings beyond the three-year period, prior approval must come from the specific authorities designated by statute; approval from an authority not so designated renders any notice issued for reopening and the consequent reassessment invalid, and the reassessment is quashed. Penalty proceedings founded on that reassessment do not survive independently; where the reassessment is set aside, consequential penalty orders premised on the reassessment are vitiated and are quashed. The statutory allocation of authority for prior approval is mandatory and governs the validity of post-three-year reopenings and related penalties. Case-Laws Income Tax Fri, 06 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787621