Relief to Agriculturist and Auto Driver: Bombay HC quashes Sanction and Assessment Order given u/s 151(i) instead of 151(ii) of IT Act [Read Order]

The Bombay High Court, has invalidated income tax assessments and subsequent proceedings for the assessment year 2016-2017 against agriculturists and rickshaw drivers due to improper sanction. The court, comprising Justice K.R. Shriram and Justice Neela Gokhale, stressed the jurisdictional requirement of obtaining approval from the specified authority under Section 151(ii) of the Income Tax Act….