Tribunal admitted the legal ground on the jurisdictional issue of reassessment. Tribunal quashed the reassessment on the ground that recorded reasons under wrong premises and also approval was granted mechanically..(AY.2009-10)
Ashok Kumar Agarwal v. ITO (2023)102 ITR 74 (SN)(Delhi) (Trib)
S. 148 : Reassessment –Notice-Additional grounds-Legal grounds admitted-Recorded reasons under wrong premises-Reassessment proceedings void ab initio-Sanction-Approval granted mechanically-Notice and all consequent proceedings liable to be quashed.[S.147, 151]