Allowed
R.P. Basia & Co. v. Income Tax Officer Ward 34(1) New Delhi
Delhi HCW.P.(C)/387/2023
Case brief
AI extract
What is this about?
This collective judgment quashed multiple income tax reassessment notices and orders issued to various petitioners. The bench held that the notices were invalid as they lacked the mandatory prior approval of the specified authority under Section 151(ii) of the Income Tax Act, 1961, required for reassessment beyond specific time limits.
What did the court decide?
Impugned notices and orders quashed for lack of mandatory approval of specified authority; liberty granted to revenue to initiate fresh proceedings as per law.