https://www.taxtmi.com/highlights?id=48238 Reassessment u/s 147 - the suggestion of DDIT(Inv.) does not confer power to assume jurisdiction upon the AO to initiate reassessment proceedings - notice u/s 148 was issued without any application of mind and examination of the so called material and information received from the investigation wing to establish any nexus, even prima facie, with such information, by way of borrowed satisfaction - not sustainable en-us Sat, 27 Jul 2019 07:31:49 +0530 Sat, 27 Jul 2019 07:31:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48238 Reassessment u/s 147 - the suggestion of DDIT(Inv.) does not confer power to assume jurisdiction upon the AO to initiate reassessment proceedings - notice u/s 148 was issued without any application of mind and examination of the so called material and information received from the investigation wing to establish any nexus, even prima facie, with such information, by way of borrowed satisfaction - not sustainable Highlights Income Tax Sat, 27 Jul 2019 07:31:49 +0530 https://www.taxtmi.com/highlights?id=48238