HomeDirect TaxITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes...

ITAT Quashes Reassessment for AY 2017–18 Over Invalid Approval U/s 151(ii), Deletes Rs. 10.09 Lakh Addition

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The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed reassessment proceedings initiated against an assessee for Assessment Year (AY) 2017–18, holding that approval from an incorrect authority vitiates jurisdiction.  The bench of Dr. Dipak P. Ripote (Accountant Member) and Vinay Bhamore (Judicial Member) has observed that the notice issued under Section 148 and the…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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