https://www.taxtmi.com/highlights?id=100801 A reassessment notice issued after expiry of three years from the end of the relevant assessment year required sanction from the higher specified authority under section 151(ii); approval from the Principal Commissioner was insufficient. The Tribunal held that section 151 distinguishes between notices within three years and those issued later, and non-compliance with the correct sanction requirement goes to jurisdiction. The notice under section 148 was therefore invalid, and the assessment framed pursuant to it was quashed. en-us Tue, 16 Jun 2026 08:32:35 +0530 Tue, 16 Jun 2026 08:32:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=100801 A reassessment notice issued after expiry of three years from the end of the relevant assessment year required sanction from the higher specified authority under section 151(ii); approval from the Principal Commissioner was insufficient. The Tribunal held that section 151 distinguishes between notices within three years and those issued later, and non-compliance with the correct sanction requirement goes to jurisdiction. The notice under section 148 was therefore invalid, and the assessment framed pursuant to it was quashed. Highlights Income Tax Tue, 16 Jun 2026 08:32:35 +0530 https://www.taxtmi.com/highlights?id=100801