ITAT Delhi Quashed Reassessment for Invalid Sanction Beyond Three Years

Advertisement Rohit Goel Vs DCIT (ITAT Delhi) The appeal for Assessment Year 2017–18 before the Income Tax Appellate Tribunal, Delhi Bench arose from reassessment proceedings initiated under Sections 147 read with 143(3) of the Income Tax Act, 1961. The primary issue was the validity of the reassessment notice issued under Section 148 dated 29.07.2022, which was issued beyond three years from the end of the relevant assessment year. The Assessing Officer had obtained approval only from the Principal Commissioner of Income Tax (PCIT), Central-2, Delhi. The Tribunal examined whether such ap...