https://www.taxtmi.com/caselaws?id=470606 Valid sanction by the prescribed specified authority is presented as a jurisdictional precondition for reassessment notices issued after the applicable three-year period. For assessment year 2017-18, the note states that approval under Section 151(i) could be granted only until 30 June 2021 under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. A notice issued thereafter required approval from the higher specified authority under Section 151(ii). As approval for the July 2022 notice was obtained from the Principal Commissioner rather than that authority, the note concludes that the reassessment notice and consequent proceedings were invalid. en-us Mon, 24 Mar 2025 00:00:00 +0530 Fri, 31 Jul 2026 19:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470606 Valid sanction by the prescribed specified authority is presented as a jurisdictional precondition for reassessment notices issued after the applicable three-year period. For assessment year 2017-18, the note states that approval under Section 151(i) could be granted only until 30 June 2021 under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. A notice issued thereafter required approval from the higher specified authority under Section 151(ii). As approval for the July 2022 notice was obtained from the Principal Commissioner rather than that authority, the note concludes that the reassessment notice and consequent proceedings were invalid. Case-Laws Income Tax Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470606