Deposits per se in the bank account no basis of holding that income has escaped assessment. Nothing can be added…
Approval by CIT even before recording reasons by AO for reopening u/s 147 may reflect premature approval but need not…
Challenge to reopening u/s 147-Only reasons recorded relevant which the Court has to examine and not reasons or explanations given…
AO bound to furnish reopening reasons recorded us 147 within a reasonable time for initiation of reassessment proceedings u/s 147/148…