https://www.taxtmi.com/caselaws?id=801472 Reassessment approval for proceedings beyond three years was invalid because the proforma invoked Section 149(1)(b) despite alleging escaped income below the applicable threshold. Approval by the PCIT required demonstrable application of mind to the statutory conditions. Consequently, the order under Section 148A(d), notice under Section 148, and consequential reassessment were quashed. en-us Thu, 15 Oct 2026 00:00:00 +0530 Thu, 22 Oct 2026 08:38:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801472 Reassessment approval for proceedings beyond three years was invalid because the proforma invoked Section 149(1)(b) despite alleging escaped income below the applicable threshold. Approval by the PCIT required demonstrable application of mind to the statutory conditions. Consequently, the order under Section 148A(d), notice under Section 148, and consequential reassessment were quashed. Case-Laws Income Tax Thu, 15 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801472