https://www.taxtmi.com/caselaws?id=377913 The Tribunal quashed the notice issued under Section 148 and the assessment completed pursuant to such notice. It held that the reopening of assessment for verification purposes is not permissible and that the Assessing Officer's satisfaction was based on borrowed satisfaction without independent application of mind. Consequently, the appeal of the assessee was allowed, and the assessment order was quashed. en-us Mon, 01 Apr 2019 00:00:00 +0530 Thu, 04 Apr 2019 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377913 The Tribunal quashed the notice issued under Section 148 and the assessment completed pursuant to such notice. It held that the reopening of assessment for verification purposes is not permissible and that the Assessing Officer's satisfaction was based on borrowed satisfaction without independent application of mind. Consequently, the appeal of the assessee was allowed, and the assessment order was quashed. Case-Laws Income Tax Mon, 01 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377913