https://www.taxtmi.com/caselaws?id=370972 The ITAT upheld the CIT(A)'s decision to quash the reopening of the assessment for the A.Y 2005-06 under Section 147 of the IT Act due to the lack of tangible material and a clear nexus between the assessee and the reasons for reopening. The appeal by the Revenue was dismissed, and the Cross Objection by the assessee was also dismissed as it became academic following the invalidation of the assessment order. en-us Tue, 31 Jul 2018 00:00:00 +0530 Tue, 27 Nov 2018 06:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370972 The ITAT upheld the CIT(A)'s decision to quash the reopening of the assessment for the A.Y 2005-06 under Section 147 of the IT Act due to the lack of tangible material and a clear nexus between the assessee and the reasons for reopening. The appeal by the Revenue was dismissed, and the Cross Objection by the assessee was also dismissed as it became academic following the invalidation of the assessment order. Case-Laws Income Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370972