Reassessment Invalid as Approval Taken from Wrong Authority Beyond Three-Year Limit: Delhi HC

Mangla Gupta Vs ITO (Delhi High Court)

The writ petitions before the Delhi High Court concerned Assessment Years (AY) 2016-17 and 2017-18. The central issue was whether reassessment notices and orders issued under Sections 148A(d) and 148 of the Income Tax Act, 1961 were legally sustainable in the absence of approval from the “specified authority” as mandated under the amended provisions of the Act.

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