Only Joint Commissioner or Additional Commissioner can sanction issue of Reassessment Notice

IN THE ITAT DELHI BENCH ‘G’ Sunint Investment & Technologies (P.) Ltd. Versus Assistant Commissioner of Income-tax IT Appeal No. 2582 (Delhi) of 2011 [Assessment year 2001-02] August 30, 2012 ORDER S.V. Mehrotra, Accountant Member This appeal filed by the assessee is against the order dated 25-02-2011 of the Ld. CIT(A)-XII, New Delhi for AY 2001-02. 2. Brief facts of the case are that the assessee filed its return of income on 31.10.2001 declaring total income of Rs.12,87,140/-. The Assessing Officer has observed that this return was processed u/s 143(1) of the...