https://www.taxtmi.com/caselaws?id=368217 The Tribunal held that the reopening of the assessment under Sections 147/148 of the Income Tax Act was invalid due to the Assessing Officer's lack of independent application of mind and reliance on borrowed reasons. As a result, the reopening was quashed, and both appeals by the appellants were allowed without delving into the case's merits. The decision was rendered on 27.09.2018. en-us Thu, 27 Sep 2018 00:00:00 +0530 Thu, 04 Oct 2018 07:31:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368217 The Tribunal held that the reopening of the assessment under Sections 147/148 of the Income Tax Act was invalid due to the Assessing Officer's lack of independent application of mind and reliance on borrowed reasons. As a result, the reopening was quashed, and both appeals by the appellants were allowed without delving into the case's merits. The decision was rendered on 27.09.2018. Case-Laws Income Tax Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368217