Reassessment u/s 147 - Sanction granted by the CIT u/s 151 - ...

Case Laws Income Tax

July 25, 2019

Reassessment u/s 147 - Sanction granted by the CIT u/s 151 - simply written “Yes I agree” which does not in any manner shed any light as to whether there was any application of mind at all by the Pr.CIT, - When a superior authority is given power by the legislature, to grant sanction to then that power needs to be exercised with due care and circumspection and after due application of mind - reassessment quashed

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Reassessment u/s 147 - Sanction granted by the CIT u/s 151 - ...

Case Laws Income Tax

July 25, 2019

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