ITAT Delhi Quashes Reassessments: Mechanical Sanctions u/s 151 Held Invalid

Sunita Bhardwaj Vs ACIT (ITAT Delhi) ITAT Delhi Quashes Reassessments – Mechanical & Common Sanctions u/s 151 Held Invalid Delhi Tribunal annulled reassessment proceedings holding that approvals granted u/s 151 for reopening were mechanical & invalid. Assessee, an advocate, had declared income of ₹46.39 lakh for AY 2012-13. Based on Investigation Wing inputs, AO reopened the case & completed reassessment u/s 147/144, making additions of ₹1.75 crore u/s 68 & ₹35 lakh as notional house property income. CIT(A) partly reduced the additions but sustained ₹91.34 lakh u/s 68...