Case Law Analysis
|Income Tax Appellate Tribunal
Section 151 Income Tax Act | Unsigned Sanction Order Voids Reassessment Proceedings : ITAT Bangalore
ITAT Bangalore holds that reassessment proceedings under Section 151 of the Income Tax Act are invalid without a duly signed sanction order, quashing assessment orders for AY 2015-16 to 2017-18. The ruling reinforces strict compliance with procedural safeguards, impacting taxpayers facing arbitrary reassessment notices.