The Word 'Approved’ by PCCIT Not Enough for Assessment Reopening There is Importance of Reasons: Delhi High Court

High Court of Delhi Strikes Down Income Tax Reassessment Order: Key Issues and Legal Implications Delhi High Court Judgment on Income Tax Act Section 151 In a significant judgment, the High Court of Delhi has invalidated an income tax reassessment order, highlighting critical procedural lapses and the need for meaningful approval under the Income Tax Act, 1961. This case revolves around the validity of the sanction granted under Section 151…