Reasons First, Notice Later: Illegal Reassessment Quashed

Great Getsby Club of India Vs ITO (ITAT Delhi) Reopening Without Reasons Is Void: Delhi ITAT Quashes 148 Notice Issued Before Recording Satisfaction Reasons First, Notice Later—ITAT Pulls Plug on Illegal Reopening- 148 Issued Before Satisfaction? Reassessment Non Est Delhi ITAT ‘SMC’ Bench in The Great Getsby Club of India Vs. ITO [ITA No. 7144/Del/2025, AY 2014-15, order dated 16.12.2025] allowed Assessee’s appeal and quashed reassessment proceedings where notice u/s 148 was issued prior to recording reasons and obtaining statutory approval. Tribunal noted that notice u/s 148 was iss...