Home › Tax Laws › CIT v. Aquatic Remedies Pvt. Ltd( 2018) 406 ITR 545/ 304 CTR 783 / 258 Taxman 357/ 170 DTR 33 (Bom)(HC)www.itatonline.org Editorial : SLP of revenue is dismissed ; CIT v. Aquatic Remedies Pvt Ltd ( 2020) 269 Taxman 195 (SC)

CIT v. Aquatic Remedies Pvt. Ltd( 2018) 406 ITR 545/ 304 CTR 783 / 258 Taxman 357/ 170 DTR 33 (Bom)(HC)www.itatonline.org Editorial : SLP of revenue is dismissed ; CIT v. Aquatic Remedies Pvt Ltd ( 2020) 269 Taxman 195 (SC)

S. 151 : Reassessment – Sanction for issue of notice -If the AO reopens the assessment by obtaining the sanction of the Commissioner of Income Tax instead of the Additional Commissioner of Income -tax, there is a breach of S. 151 which renders the reopening void [ S.147, 148 ]

Dismissing the appeal of the revenue the Court held that ; If the AO reopens the assessment by obtaining the sanction of the Commissioner of Income -ax instead of the Additional Commissioner of Income -tax, there is a breach of S. 151 which renders the reopening void .( ITA No. 904 of 2016, dt. 25.07.2018)( AY. 2004 -05)

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