https://www.taxtmi.com/highlights?id=48608 Reopening of assessment u/s 147 - Since the assessee was claiming purchases from the parties which were only issuing accommodation bills and were not having any stock available with them, the A.O. formed an opinion that there was escapement of income - Proper approval was taken by the AO before reopening the assessment. - notice sustained en-us Mon, 12 Aug 2019 07:52:08 +0530 Mon, 12 Aug 2019 07:51:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48608 Reopening of assessment u/s 147 - Since the assessee was claiming purchases from the parties which were only issuing accommodation bills and were not having any stock available with them, the A.O. formed an opinion that there was escapement of income - Proper approval was taken by the AO before reopening the assessment. - notice sustained Highlights Income Tax Mon, 12 Aug 2019 07:52:08 +0530 https://www.taxtmi.com/highlights?id=48608