Bombay HC quashes Reassessment for Want of Proper Section 151 Sanction

Cipla Pharma And Life Sciences Limited Vs DCIT (Bombay High Court)

The Bombay High Court in Cipla Pharma and Life Sciences Limited vs DCIT addressed the validity of reassessment proceedings initiated for Assessment Year (AY) 2016–17 under Section 148 of the Income-tax Act, 1961. The petitioner challenged the issuance of the notice under Section 148, the order under Section 148A(d), and the consequential reassessment notice, contending that the sanction required under Section 151 of the Act had not been obtained from the proper authority.

The petitioner sou

Please become a Premium member. If you are already a Premium member, login here to access the full content.