Skip to main content
← back
Informative

Non-Furnishing of Approval u/s 151 to Assessee: Bombay HC quashes Income Tax Reassessment

Update / Judgement Date

13 Jan 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income Tax

The Bombay High Court has quashed an income tax reassessment notice due to non-furnishing of approval under Section 151 of the Income Tax Act. The court ruled that the reassessment could not proceed without the proper authorization, reinforcing the procedural safeguards in income tax reassessments. This decision highlights the critical importance of following due process and obtaining necessary approvals before issuing reassessment notices.