The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings initiated against an assessee for Assessment Year 2017–18, holding that the mandatory approval required under Section 151 of the Income Tax Act, 1961 was not obtained from the competent authority. The bench of Sandeep Singh Karhail (Judicial Member) and Bijayananda Pruseth…
Membership Required
Already a member? Log in here
