https://www.taxtmi.com/caselaws?id=196466 The Tribunal found the reopening of the assessment under section 147 to be legally invalid due to a lack of nexus between the reasons recorded and the actual assessment. Consequently, the assessment order was quashed, and the appeal was allowed in favor of the assessee. Other grounds raised by the assessee were deemed academic and not addressed. en-us Tue, 31 May 2016 00:00:00 +0530 Sat, 02 Dec 2017 10:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196466 The Tribunal found the reopening of the assessment under section 147 to be legally invalid due to a lack of nexus between the reasons recorded and the actual assessment. Consequently, the assessment order was quashed, and the appeal was allowed in favor of the assessee. Other grounds raised by the assessee were deemed academic and not addressed. Case-Laws Income Tax Tue, 31 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196466