Satisfaction Based on AO’s Rationale Adequate Under Section 151: Patna HC

Venky Steels Pvt. Ltd. Vs CIT (Patna High Court)

The Patna High Court dismissed a writ petition filed by Venky Steels Pvt. Ltd., challenging the reopening of its income tax assessment for the year 2013–14 under Section 148 of the Income Tax Act, 1961. The petitioner had contended that the notice, issued in March 2019, lacked proper approval as mandated under Section 151, particularly since the reassessment was initiated beyond four years. The court had earlier directed the Income Tax Department to produce evidence of sanction by the designated authority. In response, the departme

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