https://www.taxtmi.com/caselaws?id=796310 Reassessment notices issued after expiry of the prescribed three-year period require prior sanction from the higher authority specified under Section 151. For AY 2018-19, approval by a Principal Commissioner did not meet the requirement for approval by the Principal Chief Commissioner, Principal Director General, Chief Commissioner, or Director General. Section 292BC does not cure approval granted by an authority other than the statutorily prescribed authority. The reassessment notice therefore lacked jurisdictional approval, rendering the reassessment invalid and liable to be quashed. en-us Fri, 10 Jul 2026 00:00:00 +0530 Tue, 04 Aug 2026 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796310 Reassessment notices issued after expiry of the prescribed three-year period require prior sanction from the higher authority specified under Section 151. For AY 2018-19, approval by a Principal Commissioner did not meet the requirement for approval by the Principal Chief Commissioner, Principal Director General, Chief Commissioner, or Director General. Section 292BC does not cure approval granted by an authority other than the statutorily prescribed authority. The reassessment notice therefore lacked jurisdictional approval, rendering the reassessment invalid and liable to be quashed. Case-Laws Income Tax Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796310