Prior Approval Required by JC or Equivalent Before AO Can Proceed with Assessments Under Section 148B
Section 148B of the Income Tax Act stipulates that in cases where a search is initiated under Section 132 or a survey is conducted under Section 133A (excluding TDS/TCS surveys), any assessment, reassessment, or recomputation must receive prior approval. This approval must come from a Joint Commissioner (JC), Joint Director (JD), Additional Commissioner (Add. CIT), or Additional Director (Add. DIT) before an Assessing Officer (AO) below the rank of JC can proceed. This ensures oversight and compliance with procedural requirements in such cases.
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