Reassessment Notice Quashed Due to Approval by Wrong Authority After 3 Years: Bombay HC

Pradeep Himatlal Shah Vs ITO (Bombay High Court) The Bombay High Court considered a writ petition relating to Assessment Year 2018-19, challenging the notice issued under Section 148, the order passed under Section 148A(d), both dated 7 April 2022, and the notice issued under Section 148A(b) dated 21 March 2022. The petitioner contended that the sanction for passing the order under Section 148A(d) and issuing the notice under Section 148 was invalid because it had been granted by the Principal Commissioner of Income Tax (PCIT) instead of the Principal Chief Commissioner of Income Tax (PCCIT). ...