https://www.taxtmi.com/caselaws?id=374112 The Court set aside the notice of reopening of assessment for A.Y. 2011-12 issued to the petitioner, as the Assessing Officer failed to demonstrate proper application of mind. The Court found that the Assessing Officer's reliance on information indicating cash payments to a different entity, rather than the petitioner, lacked justification. It was emphasized that valid reasons must support the reopening of assessments, even in cases not previously scrutinized. The petition was disposed of, emphasizing the importance of adherence to proper assessment procedures. en-us Thu, 17 Jan 2019 00:00:00 +0530 Tue, 12 Mar 2019 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374112 The Court set aside the notice of reopening of assessment for A.Y. 2011-12 issued to the petitioner, as the Assessing Officer failed to demonstrate proper application of mind. The Court found that the Assessing Officer's reliance on information indicating cash payments to a different entity, rather than the petitioner, lacked justification. It was emphasized that valid reasons must support the reopening of assessments, even in cases not previously scrutinized. The petition was disposed of, emphasizing the importance of adherence to proper assessment procedures. Case-Laws Income Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374112