https://www.taxtmi.com/caselaws?id=411984 The Tribunal invalidated the reopening of the assessment under Section 147/148 due to the mechanical recording of satisfaction by the JCIT. This decision was based on established legal precedents requiring a proper application of mind for such approvals. Consequently, the Tribunal did not address the other grounds on merit, as the legal issue was decided in favor of the assessee. The appeals were allowed, and the reassessment proceedings were invalidated. en-us Wed, 30 Jun 2021 00:00:00 +0530 Mon, 06 Sep 2021 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411984 The Tribunal invalidated the reopening of the assessment under Section 147/148 due to the mechanical recording of satisfaction by the JCIT. This decision was based on established legal precedents requiring a proper application of mind for such approvals. Consequently, the Tribunal did not address the other grounds on merit, as the legal issue was decided in favor of the assessee. The appeals were allowed, and the reassessment proceedings were invalidated. Case-Laws Income Tax Wed, 30 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411984