https://www.taxtmi.com/caselaws?id=281986 The Tribunal upheld the decision to quash the assessment due to borrowed satisfaction for reopening, emphasizing that the AO's reasons must be independently formed. The non-issuance of notice under section 143(2) did not invalidate the assessment as jurisdiction was validly assumed with the notice under section 148. Despite a separate judgment on the second issue, the appeal was ultimately dismissed, affirming the CIT(A)'s decision and maintaining the validity of the assessment. en-us Thu, 28 Mar 2019 00:00:00 +0530 Tue, 16 Jul 2019 07:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281986 The Tribunal upheld the decision to quash the assessment due to borrowed satisfaction for reopening, emphasizing that the AO's reasons must be independently formed. The non-issuance of notice under section 143(2) did not invalidate the assessment as jurisdiction was validly assumed with the notice under section 148. Despite a separate judgment on the second issue, the appeal was ultimately dismissed, affirming the CIT(A)'s decision and maintaining the validity of the assessment. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281986