HC quashed reassessment order as approval was not from specified authority

Excel Movers Pvt. Ltd. Vs ITO (Calcutta High Court)

Admitted position in this case is that impugned order under Section 148A(d) of the Act has been passed after a lapse of three years from the end of the relevant assessment year and in this case specified authority is not the Principal Commissioner of Income Tax from whom approval has been taken before passing the aforesaid impugned order and it appears on a plain reading of Section 151(ii) of the said Act that Principal CIT from whom approval has been taken is not the speci

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