https://www.taxtmi.com/caselaws?id=795137 A reassessment notice issued after three years from the end of the relevant assessment year required approval under section 151(ii) from the Principal Chief Commissioner, Principal Director General, Chief Commissioner or Director General. For AY 2018-19, approval for the section 148 notice was granted by the Principal Commissioner, who was not an authority specified for that period. The subsequently inserted section 292BC did not cure approval by an unauthorised authority. Consequently, the reassessment notice and consequential assessment lacked jurisdiction and were quashed in favour of the assessee. en-us Wed, 17 Jun 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795137 A reassessment notice issued after three years from the end of the relevant assessment year required approval under section 151(ii) from the Principal Chief Commissioner, Principal Director General, Chief Commissioner or Director General. For AY 2018-19, approval for the section 148 notice was granted by the Principal Commissioner, who was not an authority specified for that period. The subsequently inserted section 292BC did not cure approval by an unauthorised authority. Consequently, the reassessment notice and consequential assessment lacked jurisdiction and were quashed in favour of the assessee. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795137