https://www.taxtmi.com/caselaws?id=471520 Reassessment initiated more than three years after the end of the relevant assessment year requires prior approval under Section 151(ii) from the Principal Chief Commissioner, Principal Director General, Chief Commissioner or Director General before an order under Section 148A(d) and notice under Section 148 may be issued. Approval by a Principal Commissioner is not competent for this purpose. The TOLA extension applied only to approval under Section 151(i) until 30 June 2021 and did not validate later approval by an incorrect authority. The Section 148 notice, reassessment proceedings and consequential assessment order were therefore without jurisdiction and quashed. en-us Tue, 23 Dec 2025 00:00:00 +0530 Mon, 07 Sep 2026 19:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471520 Reassessment initiated more than three years after the end of the relevant assessment year requires prior approval under Section 151(ii) from the Principal Chief Commissioner, Principal Director General, Chief Commissioner or Director General before an order under Section 148A(d) and notice under Section 148 may be issued. Approval by a Principal Commissioner is not competent for this purpose. The TOLA extension applied only to approval under Section 151(i) until 30 June 2021 and did not validate later approval by an incorrect authority. The Section 148 notice, reassessment proceedings and consequential assessment order were therefore without jurisdiction and quashed. Case-Laws Income Tax Tue, 23 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471520