Reassessment Quashed: Undated PCIT Approval Invalid u/s 151

Sanjay Kumar Vs DCIT (ITAT Delhi) Reassessment Quashed for Undated PCIT Approval – Invalid Sanction u/s 151 Vitiates Entire Proceedings The Delhi ITAT allowed the assessee’s appeal and quashed the reassessment for AY 2015-16 on the ground that the mandatory approval granted by the PCIT under Section 151 was undated and therefore legally invalid. The Tribunal noted that both the satisfaction recorded by the Assessing Officer and the approval granted by the PCIT bore signatures but did not contain any date, making it impossible to verify whether sanction was granted prior to issuance of noti...