https://www.taxtmi.com/caselaws?id=791544 Reassessment proceedings were challenged for want of valid sanction under section 151, with the High Court holding that for AY 2016-17 approval was required under section 151(ii) and not section 151(i), so the sanction obtained from the wrong authority was invalid. The Supreme Court noted a gross delay of 651 days in filing the Special Leave Petition, which was not satisfactorily explained, and found no ground to interfere with the High Court's order. The Special Leave Petition was dismissed on delay as well as on merits. en-us Mon, 11 May 2026 00:00:00 +0530 Wed, 13 May 2026 08:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791544 Reassessment proceedings were challenged for want of valid sanction under section 151, with the High Court holding that for AY 2016-17 approval was required under section 151(ii) and not section 151(i), so the sanction obtained from the wrong authority was invalid. The Supreme Court noted a gross delay of 651 days in filing the Special Leave Petition, which was not satisfactorily explained, and found no ground to interfere with the High Court's order. The Special Leave Petition was dismissed on delay as well as on merits. Case-Laws Income Tax Mon, 11 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791544