https://www.taxtmi.com/highlights?id=58078 Reopening of assessment u/s 147 - Penny stock transaction of assessee - the copy of the approval has been provided to the assessee at the stage of passing the order of disposing the objections raised by the assessee. Therefore, it is evident that, in the instant case, the authorities concerned have given approval after due application of mind and expressed their satisfaction with regard to the reasons recoded for reopening of the assessment. - HC en-us Sat, 22 May 2021 17:10:34 +0530 Sat, 22 May 2021 17:10:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58078 Reopening of assessment u/s 147 - Penny stock transaction of assessee - the copy of the approval has been provided to the assessee at the stage of passing the order of disposing the objections raised by the assessee. Therefore, it is evident that, in the instant case, the authorities concerned have given approval after due application of mind and expressed their satisfaction with regard to the reasons recoded for reopening of the assessment. - HC Highlights Income Tax Sat, 22 May 2021 17:10:34 +0530 https://www.taxtmi.com/highlights?id=58078