Delhi HC Quashes Reassessment for Lack of Proper Sanction

Kusum Healthcare Private Limited Vs DCIT (Delhi High Court)  The Delhi High Court, in Kusum Healthcare Private Limited vs DCIT, examined the legality of reassessment proceedings initiated under Sections 148A and 148 of the Income Tax Act, 1961, for Assessment Year (AY) 2016–17. The Court’s ruling focused solely on the validity of the sanction accorded by the Principal Commissioner of Income Tax (PCIT) before issuing the reassessment notice. Background and Relief Sought The petitioner, Kusum Healthcare Pvt. Ltd., challenged three specific actions by the tax authorities: 1. The notice dated...