Reassessment Quashed – Wrong Sanction u/s 151 After 3 Years: ITAT Mumbai

DCIT Vs Unify Texturisers Private Limited (ITAT Mumbai)

Reassessment quashed – Wrong sanctioning authority u/s 151 after 3 years; entire proceedings held void – ITAT Mumbai

In DCIT vs Unify Texturisers Pvt. Ltd. (A.Y. 2017-18), reassessment was initiated under the new regime with multiple additions. The assessee challenged validity of reopening on the ground that sanction u/s 151 was granted by the Principal Commissioner, though more than three years had elapsed from

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