https://www.taxtmi.com/caselaws?id=789044 Reassessment initiated beyond three years required prior approval from the higher authority specified under the Income-tax Act. The record showed inconsistency between the sanction reflected in the order under section 148A(d) and the notice under section 148, and the approval was not shown to have been granted by the competent authority. Because valid sanction by the prescribed authority is a jurisdictional precondition for reopening, approval from an incorrect authority rendered the reassessment invalid. The reopening and consequent reassessment proceedings were quashed in favour of the assessee. en-us Fri, 27 Mar 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789044 Reassessment initiated beyond three years required prior approval from the higher authority specified under the Income-tax Act. The record showed inconsistency between the sanction reflected in the order under section 148A(d) and the notice under section 148, and the approval was not shown to have been granted by the competent authority. Because valid sanction by the prescribed authority is a jurisdictional precondition for reopening, approval from an incorrect authority rendered the reassessment invalid. The reopening and consequent reassessment proceedings were quashed in favour of the assessee. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789044