Reassessment Quashed as Section 151 Approval Was Not Supplied Despite RTI Request: ITAT Delhi

Mrunmayee Priyadarshini Pattnaik Vs ITO (ITAT Delhi) Non supply of approval U/s 151 despite specific request in RTI, invalidate reassessment proceeding The Delhi ITAT allowed the assessee’s appeal and quashed the reassessment proceedings after holding that the non-supply of approval under Section 151 of the Income Tax Act rendered the reassessment invalid. The assessee’s case was reopened through a notice under Section 148 dated 31.03.2022. The reopening was based on allegations that the assessee had purchased two properties at values lower than their stamp duty valuations, resulting in a ...