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![Failure to Get Sanction u/s 151(ii) from PCIT for Reopening of Assessment beyond 3 years will Invalidate Reassessment Proceedings: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Sanction-PCIT-Reopening-of-Assessment-Assessment-Reassessment-Proceedings-Bombay-High-Court-Taxscan.jpg "Failure to Get Sanction u/s 151(ii) from PCIT for Reopening of Assessment beyond 3 years will Invalidate Reassessment Proceedings: Bombay HC [Read Order]")
Failure to Get Sanction u/s 151(ii) from PCIT for Reopening of Assessment beyond 3 years will Invalidate Reassessment Proceedings: Bombay HC [Read Order]
The Bombay High Court ( HC ) in its recent judgment has held that failure to get Sanction under section 151(ii) of the Income Tax Act, 1961 from PCIT...
![Bombay HC quashes Notice for Reopening of Assessment as it can’t be done merely on basis of Change of Opinion [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Bombay-High-Court-Notice-Reopening-of-assessment-Taxscan.jpg "Bombay HC quashes Notice for Reopening of Assessment as it can’t be done merely on basis of Change of Opinion [Read Order]")
![Relief to Coca-Cola: Bombay HC quashes Notice for Reopening of Assessment as it was beyond 4 years from the end of Assessment Year [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/coca-cola-bombay-high-court-assessment-taxscan.jpg "Relief to Coca-Cola: Bombay HC quashes Notice for Reopening of Assessment as it was beyond 4 years from the end of Assessment Year [Read Order]")
![Non-Application of mind by AO could not be a ‘Reason to Believe’ to justify Reopening of Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/AO-Reopening-of-Assessment-ITAT-Taxscan-2.jpg "Non-Application of mind by AO could not be a ‘Reason to Believe’ to justify Reopening of Assessment: ITAT [Read Order]")
![Reopening of Assessment on Mere accommodation entries provided without any Physical Transportation of Goods is valid: Gujarat High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/08/Assessment-Mere-accommodation-entries-Transportation-of-Goods-Gujarat-High-Court-Taxscan.jpg "Reopening of Assessment on Mere accommodation entries provided without any Physical Transportation of Goods is valid: Gujarat High Court [Read Judgment]")
Reopening of Assessment valid as Assessee is beneficiary of Accommodation entry after Inquiries, Investigation: Gujarat High Court [Read Judgment]
The Gujarat High Court ruled that the reopening of the Assessment was valid as the assessee is beneficiary of accommodation entry after inquiries and investigation. Mr. Ketan S.Shah, the counsel...
![Reopening of Assessment valid as Assessee is beneficiary of Accommodation entry after Inquiries, Investigation: Gujarat High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/08/Assessment-accommodation-entry-Gujarat-High-Court-Taxscan.jpg "Reopening of Assessment valid as Assessee is beneficiary of Accommodation entry after Inquiries, Investigation: Gujarat High Court [Read Judgment]")
Relief to 70-Year Old Taxpayer: ITAT quashes Reopening of Assessment based on Mechanical Approval [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh bench, while granting relief to a 70-year old taxpayer, quashed re-assessment under Sec.148 of the Income Tax Act since the same was passed...
![Relief to 70-Year Old Taxpayer: ITAT quashes Reopening of Assessment based on Mechanical Approval [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Taxpayer-ITAT-Reopening-of-Assessment-Mechanical-Approval-Taxscan.jpg "Relief to 70-Year Old Taxpayer: ITAT quashes Reopening of Assessment based on Mechanical Approval [Read Order]")