https://www.taxtmi.com/highlights?id=46784 Reassessment u/s 147 - reasons recorded without referring assessment u/s 143 (3) explains why the reasons for re-opening the assessment does not advert earlier proceedings particularly questionnaires issued by the AO specifically on the issue of the loan from PACL - all the material regarding the transaction with PACL was already available - no fresh tangible material - reassessment quashed en-us Mon, 27 May 2019 07:25:23 +0530 Mon, 27 May 2019 07:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46784 Reassessment u/s 147 - reasons recorded without referring assessment u/s 143 (3) explains why the reasons for re-opening the assessment does not advert earlier proceedings particularly questionnaires issued by the AO specifically on the issue of the loan from PACL - all the material regarding the transaction with PACL was already available - no fresh tangible material - reassessment quashed Highlights Income Tax Mon, 27 May 2019 07:25:23 +0530 https://www.taxtmi.com/highlights?id=46784