Validity of reopening of assessment - no approval was taken U/s 151 - The tribunal found that the notice...

Validity of reopening of assessment - no approval was taken U/s 151 - The tribunal found that the notice issued under section 148/143(3) lacked proper approval under section 151 of the Act. Citing precedent, it concluded that such a deficiency rendered the notice illegal and void-ab-initio. Consequently, the assessment order passed under section 147 of the Act was quashed. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X