https://www.taxtmi.com/caselaws?id=359176 HC held the reopening of assessment invalid because the AO failed to apply independent mind and merely relied on DIT(Inv.) intimation without connecting material to any escapement of income or quantifying alleged omission. The recorded reasons lacked nexus and amounted to a fishing expedition based on borrowed satisfaction. The Tribunal's decision setting aside the reopening was upheld as consistent with settled law requiring the AO's own satisfaction before issuing a reopening notice. en-us Mon, 16 Apr 2018 00:00:00 +0530 Thu, 25 Sep 2025 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359176 HC held the reopening of assessment invalid because the AO failed to apply independent mind and merely relied on DIT(Inv.) intimation without connecting material to any escapement of income or quantifying alleged omission. The recorded reasons lacked nexus and amounted to a fishing expedition based on borrowed satisfaction. The Tribunal's decision setting aside the reopening was upheld as consistent with settled law requiring the AO's own satisfaction before issuing a reopening notice. Case-Laws Income Tax Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359176