https://www.taxtmi.com/caselaws?id=788248 For issuance of a notice under section 148 after three years from the end of the relevant assessment year, prior approval must be obtained from the higher sanctioning authority prescribed by section 151(ii) where applicable; absence of such prescribed sanction renders the notice void ab initio and consequent reassessment proceedings invalid. Separately, a section 148 notice issued after three years is time barred if the alleged escaped income falls below the statutory threshold in section 149(1)(b); where that threshold is not met the notice is void ab initio. Both defects led to quashing of the reassessment and assessment order. en-us Fri, 30 Jan 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788248 For issuance of a notice under section 148 after three years from the end of the relevant assessment year, prior approval must be obtained from the higher sanctioning authority prescribed by section 151(ii) where applicable; absence of such prescribed sanction renders the notice void ab initio and consequent reassessment proceedings invalid. Separately, a section 148 notice issued after three years is time barred if the alleged escaped income falls below the statutory threshold in section 149(1)(b); where that threshold is not met the notice is void ab initio. Both defects led to quashing of the reassessment and assessment order. Case-Laws Income Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788248