https://www.taxtmi.com/caselaws?id=362057 The tribunal allowed the appeal, holding the reopening of the assessment under section 147 as invalid. The assessment order was set aside due to the Assessing Officer's failure to independently assess, reliance on borrowed information, lack of corroborative evidence, mechanical approval for reopening, and violation of principles of natural justice. The decision was influenced by precedents from the Hon'ble Delhi High Court and the Hon'ble M.P. High Court. en-us Wed, 13 Jun 2018 00:00:00 +0530 Mon, 18 Jun 2018 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362057 The tribunal allowed the appeal, holding the reopening of the assessment under section 147 as invalid. The assessment order was set aside due to the Assessing Officer's failure to independently assess, reliance on borrowed information, lack of corroborative evidence, mechanical approval for reopening, and violation of principles of natural justice. The decision was influenced by precedents from the Hon'ble Delhi High Court and the Hon'ble M.P. High Court. Case-Laws Income Tax Wed, 13 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362057