https://www.taxtmi.com/caselaws?id=353774 The ITAT upheld the decision of the ld CIT(A) in dismissing the Revenue's appeal regarding the reopening of assessment u/s 147/148 of the Income-tax Act, 1961 based on the DVO's report in another case. The ITAT ruled that the AO lacked valid reasons for reopening the assessment and exceeded jurisdiction by referring to the DVO based on a separate case when no assessment or reassessment proceedings were pending for the assessee. Consequently, the addition made by the AO was deleted, affirming the invalidity of the reopening under sections 147/148. en-us Wed, 29 Nov 2017 00:00:00 +0530 Thu, 11 Jan 2018 19:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353774 The ITAT upheld the decision of the ld CIT(A) in dismissing the Revenue's appeal regarding the reopening of assessment u/s 147/148 of the Income-tax Act, 1961 based on the DVO's report in another case. The ITAT ruled that the AO lacked valid reasons for reopening the assessment and exceeded jurisdiction by referring to the DVO based on a separate case when no assessment or reassessment proceedings were pending for the assessee. Consequently, the addition made by the AO was deleted, affirming the invalidity of the reopening under sections 147/148. Case-Laws Income Tax Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353774