Bombay HC Quashes Reassessment Notice for Section 151 Approval without mind application

Teleperformance Global Service Pvt. Ltd. Vs ACIT (Bombay High Court) The Bombay High Court quashed the reopening notice issued to Teleperformance Global Services Pvt. Ltd. under Section 148 of the Income Tax Act, 1961, for the assessment year 2019-20. The dispute arose after the Income Tax Department alleged that certain transactions were linked to the PAN of Intelenet Global Services Pvt. Ltd. (IGSPL), which had amalgamated with the petitioner in 2011. Despite the petitioner’s clarification that all transactions were accounted for in its income tax return, the department proceeded with issu...