JCIT Not Empowered To Issue Sanction For Reassessment Under Proviso To S.151(1) Of Income Tax Act: Delhi High Court

Delhi High Court held that the JCIT (Joint Commissioner of Income Tax) is not empowered to issue sanction for reassessment under the proviso to Section 151(1) of the Income Tax Act. Section 151 deals with the sanction required for issuing notice for reassessment. The proviso likely specifies a higher-ranking authority for granting sanction in certain cases. The court's ruling clarifies the jurisdictional aspects of who is authorized to approve reassessment proceedings under the Income Tax Act.