https://www.taxtmi.com/caselaws?id=405002 The court held that the Assessing Officer's reopening of the assessment under Section 147 of the Income Tax Act was not based on independent satisfaction but solely on information from the Investigation Wing, rendering it unjustified. Consequently, the court found the notice issued under Section 148 of the Act to be unsustainable and quashed it, allowing the petition in favor of the applicant. en-us Fri, 19 Feb 2021 00:00:00 +0530 Fri, 02 Jul 2021 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405002 The court held that the Assessing Officer's reopening of the assessment under Section 147 of the Income Tax Act was not based on independent satisfaction but solely on information from the Investigation Wing, rendering it unjustified. Consequently, the court found the notice issued under Section 148 of the Act to be unsustainable and quashed it, allowing the petition in favor of the applicant. Case-Laws Income Tax Fri, 19 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405002