https://www.taxtmi.com/caselaws?id=793428 A reassessment notice issued under section 148 after three years from the end of the assessment year required sanction under section 151(ii) from the Principal Chief Commissioner or Chief Commissioner. Approval obtained instead from the Principal Commissioner did not satisfy the statutory precondition, so the initiation of reassessment was without valid jurisdiction. The defective sanction went to the root of the notice, rendered the reassessment invalid, and the assessment framed pursuant to that notice could not be sustained. The notice and consequential assessment were quashed in favour of the assessee. en-us Mon, 25 May 2026 00:00:00 +0530 Tue, 16 Jun 2026 08:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793428 A reassessment notice issued under section 148 after three years from the end of the assessment year required sanction under section 151(ii) from the Principal Chief Commissioner or Chief Commissioner. Approval obtained instead from the Principal Commissioner did not satisfy the statutory precondition, so the initiation of reassessment was without valid jurisdiction. The defective sanction went to the root of the notice, rendered the reassessment invalid, and the assessment framed pursuant to that notice could not be sustained. The notice and consequential assessment were quashed in favour of the assessee. Case-Laws Income Tax Mon, 25 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793428