https://www.taxtmi.com/highlights?id=53005 Stay petition - Reopening of assessment u/s 147 - Prima facie on the basis of coded language diary entries and retracted uncorroborated statement of an alleged beneficiary, perhaps, the additions made by the Assessing Officer is highly questionable - a mechanical approach by directing the petitioner to pay 20% of the tax demand is not correct - stay granted - HC en-us Thu, 16 Apr 2020 12:15:43 +0530 Thu, 16 Apr 2020 12:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53005 Stay petition - Reopening of assessment u/s 147 - Prima facie on the basis of coded language diary entries and retracted uncorroborated statement of an alleged beneficiary, perhaps, the additions made by the Assessing Officer is highly questionable - a mechanical approach by directing the petitioner to pay 20% of the tax demand is not correct - stay granted - HC Highlights Income Tax Thu, 16 Apr 2020 12:15:43 +0530 https://www.taxtmi.com/highlights?id=53005