Case Law Analysis
|Income Tax Appellate Tribunal
Section 148 IT Act | Notice Issued Before Section 151 Sanction Communication Invalidates Reassessment : ITAT Kolkata
ITAT Kolkata rules that reassessment under Section 148 of the IT Act is invalid if the notice is issued before formal communication of sanction under Section 151. The ruling reinforces strict procedural compliance, impacting tax authorities and assessees in reopening cases.