https://www.taxtmi.com/caselaws?id=373791 The court held that reopening the assessment solely based on the District Valuation Officer's report was impermissible. The notice issued under Section 148 of the Income Tax Act for reopening the assessment was quashed. The court found that the Assessing Officer cannot refer the matter to the DVO without first rejecting the books of account. The petition was allowed, and no costs were awarded. en-us Wed, 19 Dec 2018 00:00:00 +0530 Wed, 21 Aug 2019 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373791 The court held that reopening the assessment solely based on the District Valuation Officer's report was impermissible. The notice issued under Section 148 of the Income Tax Act for reopening the assessment was quashed. The court found that the Assessing Officer cannot refer the matter to the DVO without first rejecting the books of account. The petition was allowed, and no costs were awarded. Case-Laws Income Tax Wed, 19 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373791