https://www.taxtmi.com/highlights?id=57267 Reopening of assessment u/s 147 - Addition u/s 68 - AO has mentioned wrong and incorrect facts in the reasons recorded for reopening of the assessment and did not apply his mind to the information received from Investigation Wing. Thus, the reopening of the assessment is invalid and bad in law and is liable to be quashed. - AT en-us Mon, 22 Mar 2021 13:22:44 +0530 Mon, 22 Mar 2021 13:22:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57267 Reopening of assessment u/s 147 - Addition u/s 68 - AO has mentioned wrong and incorrect facts in the reasons recorded for reopening of the assessment and did not apply his mind to the information received from Investigation Wing. Thus, the reopening of the assessment is invalid and bad in law and is liable to be quashed. - AT Highlights Income Tax Mon, 22 Mar 2021 13:22:44 +0530 https://www.taxtmi.com/highlights?id=57267