https://www.taxtmi.com/caselaws?id=797955 Reassessment notices issued after expiry of three years from the end of the relevant assessment year require approval from the competent authority under Section 151. For assessment year 2019-20, the extended limitation provision applied, making the Principal Chief Commissioner the competent sanctioning authority. Approval granted instead by the Principal Commissioner was invalid and did not confer jurisdiction to initiate reassessment. Consequently, the reassessment notice and consequential assessment were quashed in favour of the assessee. en-us Mon, 24 Aug 2026 00:00:00 +0530 Mon, 31 Aug 2026 08:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797955 Reassessment notices issued after expiry of three years from the end of the relevant assessment year require approval from the competent authority under Section 151. For assessment year 2019-20, the extended limitation provision applied, making the Principal Chief Commissioner the competent sanctioning authority. Approval granted instead by the Principal Commissioner was invalid and did not confer jurisdiction to initiate reassessment. Consequently, the reassessment notice and consequential assessment were quashed in favour of the assessee. Case-Laws Income Tax Mon, 24 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797955