https://www.taxtmi.com/caselaws?id=191975 The court held that the reopening of assessments for the Assessment Year 2009-2010 was not justified as the reasons provided by the Assessing Officer were aimed at verification rather than indicating income escapement. The impugned notices issued under Section 148 of the Income-tax Act, 1961, were quashed, emphasizing the impermissibility of reopening assessments for mere scrutiny purposes. The court highlighted the necessity for the Assessing Officer to have a genuine belief of income escapement supported by concrete evidence. The writ petitions were allowed, and no costs were ordered. en-us Tue, 29 Nov 2016 00:00:00 +0530 Sat, 06 May 2017 07:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191975 The court held that the reopening of assessments for the Assessment Year 2009-2010 was not justified as the reasons provided by the Assessing Officer were aimed at verification rather than indicating income escapement. The impugned notices issued under Section 148 of the Income-tax Act, 1961, were quashed, emphasizing the impermissibility of reopening assessments for mere scrutiny purposes. The court highlighted the necessity for the Assessing Officer to have a genuine belief of income escapement supported by concrete evidence. The writ petitions were allowed, and no costs were ordered. Case-Laws Income Tax Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191975