https://www.taxtmi.com/caselaws?id=797153 Prior approval under section 151 is a jurisdictional condition for issuing a reassessment notice under section 148 after four years. The competent authority must record satisfaction on the reasons before the notice is issued. Approval recorded after issuance cannot cure the defect, because subsequent sanction does not validate a notice issued without the required prior authority. Consequently, the reassessment notice and consequential reassessment are invalid for want of jurisdiction. en-us Fri, 07 Aug 2026 00:00:00 +0530 Tue, 18 Aug 2026 08:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797153 Prior approval under section 151 is a jurisdictional condition for issuing a reassessment notice under section 148 after four years. The competent authority must record satisfaction on the reasons before the notice is issued. Approval recorded after issuance cannot cure the defect, because subsequent sanction does not validate a notice issued without the required prior authority. Consequently, the reassessment notice and consequential reassessment are invalid for want of jurisdiction. Case-Laws Income Tax Fri, 07 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797153