https://www.taxtmi.com/caselaws?id=343098 The Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders and quashing the reopening of assessment under section 147 of the I.T. Act. The Tribunal found the AO's reliance on a photocopy of a document without adequate verification or establishing a live link to be insufficient. Emphasizing the importance of primary evidence over secondary evidence, the Tribunal criticized the mechanical approach taken in the reassessment process. The decision highlighted the necessity for due diligence and meaningful review before reopening assessments, ultimately leading to the deletion of the additions made in the reassessment order. en-us Tue, 16 May 2017 00:00:00 +0530 Fri, 19 May 2017 07:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343098 The Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders and quashing the reopening of assessment under section 147 of the I.T. Act. The Tribunal found the AO's reliance on a photocopy of a document without adequate verification or establishing a live link to be insufficient. Emphasizing the importance of primary evidence over secondary evidence, the Tribunal criticized the mechanical approach taken in the reassessment process. The decision highlighted the necessity for due diligence and meaningful review before reopening assessments, ultimately leading to the deletion of the additions made in the reassessment order. Case-Laws Income Tax Tue, 16 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343098