https://www.taxtmi.com/caselaws?id=388612 The Tribunal held that the reopening of the assessment under Section 147 read with Section 148 was invalid as the Assessing Officer did not independently apply his mind and the reasons recorded were vague and based on borrowed satisfaction from the Directorate of Income Tax (Investigation). The appeal of the assessee was allowed, and the reopening of the assessment was quashed. en-us Thu, 31 Oct 2019 00:00:00 +0530 Fri, 27 Dec 2019 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388612 The Tribunal held that the reopening of the assessment under Section 147 read with Section 148 was invalid as the Assessing Officer did not independently apply his mind and the reasons recorded were vague and based on borrowed satisfaction from the Directorate of Income Tax (Investigation). The appeal of the assessee was allowed, and the reopening of the assessment was quashed. Case-Laws Income Tax Thu, 31 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388612