Perfunctory or mechanical approvals under Section 151 are invalid: ITAT Delhi

Jagbir Singh Vs ITO (ITAT Delhi) The case of Jagbir Singh vs. ITO before the ITAT Delhi involved an appeal by the assessee challenging the legality of reassessment proceedings initiated under Sections 147 and 148 of the Income Tax Act, 1961, for the Assessment Year 2011-12. The reassessment was triggered following a report from the Investigation Wing regarding the assessee’s sale of agricultural land, which the Assessing Officer (AO) believed should have been taxed under long-term capital gains. Acting on this, the AO recorded reasons and sought approval for reopening the case under Sect...