Order passed u/s 148A(d) within 3 years needs approval from PCIT & not PCCIT

Giriraj Commercial Private Limited Vs Union of India (Calcutta High Court) Calcutta High Court held that considering the provisions, order passed u/s 148A(d) is within three years and accordingly, Principal CIT (PCIT) and not the Principal Chief CIT (PCCIT) is ‘Specified Authority’ for approval of the same. Thus, AO rightly took approval from Principal CIT. Facts- By this writ petition, petitioner has challenged the impugned order dated 7th April, 2023 under Section 148A(d) of the Income Tax Act, 1961 relating to assessment year 2018-19 on the ground that the same has been passed w...