Alag Property Construction (P.) Ltd. v. ACIT

179 Taxmann.com 578High Court2025#5438 most cited

What is Alag Property Construction (P.) Ltd. v. ACIT authority for?

Sanction for reassessment proceedings under Section 151(i) must be obtained from the specified authority within the extended timeline provided by Section 3(1) of TOLA, especially when the three-year period for initiating reassessment expires during the COVID-19 lockdown period. Failure to obtain sanction from the correct authority renders the reassessment proceedings invalid.

21

judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2025 to 2026.

Also referred to as

Alag Property Construction · ACIT · section 147 · section 148 · section 151 · section 148A · section 144B · section 149 · TOLA · section 3(1) · specified authority · sanction under section 151 · reassessment proceedings · validity

Sections most often in play

Section 147Section 148Section 151Section 148ASection 250Section 144BSection 149Section 151(ii)

Issues it is cited on

section 151(i)section 148a(a)section 151(ii)section 3(1)order under section 148a(d)within four yearssection 148 noticesection 151(2)specified authoritysanction under section 151section 151(1)section 149(1)

Judgments citing Alag Property Construction (P.) Ltd. v. ACIT

Aditya Birla Sun Life Insurance Company Limited, Mumbai vs. Assessment Unit, Itd (Jao: Deputy Commissioner of Income-Tax, 5(3), Mumbai)

ITA 3624/MUM/2025[2015-16]Status: DisposedITAT Mumbai02 Dec 2025AY 2015-16

Bench: Shri Saktijit Dey, Vp & Ms Padmavathy S, Am

For Appellant: Shri Ronak Doshi, Ms. Vrushti
Section 147Section 148Section 148ASection 250

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP & MS PADMAVATHY S, AM I.T.A. No. 3624/Mum/2025 (Assessment Year: 2015-16) I.T.A. No. 3625/Mum/2025 (Assessment Year: 2016-17) Aditya Birla Sun Life Insurance Co. Dy. CIT-5(3), Room No. 426, 4th Floor, Ltd., One World Center, Tower 1, Kautilya Bhavan, Bandra Kurla 16th Floor, Jupiter Mill Compound, Complex, Bandra (E), Vs. 841, Senapati Bapat Marg, Mumbai-400051 Elphinstone Road, Mumbai-400013. PAN: AABCB4623J Assessee) : Revenue) I.T.A. No. 4987/Mum/2025 (Assessment Year: 2015-17) I.T.A. No. 4822/Mum/2025 (Assessment Year: 201…