https://www.taxtmi.com/caselaws?id=325144 The High Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the revenue. It was determined that the approval for reopening was not mechanical, and the jurisdictional requirements under Section 151(2) were satisfied. The Court emphasized that the sufficiency of the reasons for reopening is not subject to judicial review as long as they are rationally connected to the belief that income had escaped assessment. The reassessment action and approval for reopening were deemed valid under the Income Tax Act. en-us Fri, 04 Mar 2016 00:00:00 +0530 Sat, 02 May 2026 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325144 The High Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the revenue. It was determined that the approval for reopening was not mechanical, and the jurisdictional requirements under Section 151(2) were satisfied. The Court emphasized that the sufficiency of the reasons for reopening is not subject to judicial review as long as they are rationally connected to the belief that income had escaped assessment. The reassessment action and approval for reopening were deemed valid under the Income Tax Act. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325144