Mumbai ITAT Quashes Reopening Notice for Lack of Proper Approval

Manisha Nitin Brahmbhatt National Faceless Assessment Centre (ITAT Mumbai) Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed an appeal by assessee Manisha Nitin Brahmbhatt, quashing a reassessment notice and subsequent proceedings for Assessment Year (AY) 2017-18. The Tribunal found that the notice issued under Section 148 of the Income Tax Act, 1961, lacked the mandatory prior approval from the appropriate authority as stipulated by Section 151(ii) of the Act. The assessee had challenged the reopening of the assessment on two grounds: firstly, the legality of the Section 148 not...