https://www.taxtmi.com/caselaws?id=791412 A reassessment notice issued after expiry of three years from the end of the relevant assessment year requires approval from the authority prescribed under section 151(ii), and sanction by the PCIT does not satisfy that jurisdictional safeguard. Because approval was granted by an not specified by the statute, the assumption of jurisdiction to issue the section 148 notice was vitiated, and all consequential reassessment proceedings were quashed in favour of the assessee. en-us Fri, 08 May 2026 00:00:00 +0530 Mon, 11 May 2026 09:50:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791412 A reassessment notice issued after expiry of three years from the end of the relevant assessment year requires approval from the authority prescribed under section 151(ii), and sanction by the PCIT does not satisfy that jurisdictional safeguard. Because approval was granted by an not specified by the statute, the assumption of jurisdiction to issue the section 148 notice was vitiated, and all consequential reassessment proceedings were quashed in favour of the assessee. Case-Laws Income Tax Fri, 08 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791412