Reassessment without fresh material with the Assessing Officer to believe that income has escaped assessment is invalid ABCAUS Case Law…
Non furnishing reasons recorded-High court quashed reassessment order admitting writ as an exceptional case for invoking power under Article 226…
Reopneing-AO had to act on the basis of reasons to believe and not on reasons to suspect. ITAT quashed the…
Execution of sale deed by order of High Court would relate back to the date of original agreement to sale…
Re-assessment order passed in violation of guidelines laid down by the Supreme court in the case of GKN Driveshaft Ltd.…
Repetition in calculating amount of escaped income was non-application of mind by the AO who persisted with his mistaken belief…
Approval by CIT even before recording reasons by AO for reopening u/s 147 may reflect premature approval but need not…
Reopening for not replying enquiry letter issued on AIR basis to verify source of investment in the property held invalid…
Non-furnishing reasons for reopening vitiated the assessment proceedings in law. If assessee did not repeat request cannot mean that he…
Reopening reasons must explain what material was not disclosed which the assessee ought to have disclosed. Explanation-1 of section 147…