https://www.taxtmi.com/caselaws?id=414321 The Tribunal quashed the reopening of assessments for AY 2007-08, 2008-09, and 2009-10 under Section 147, as the reasons recorded were backdated and the approval was mechanical. Consequently, the addition under Section 68 for AY 2007-08 was also quashed. The appeals of the assessee were allowed due to the invalid reopening of assessments. en-us Fri, 29 Oct 2021 00:00:00 +0530 Tue, 02 Nov 2021 09:29:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414321 The Tribunal quashed the reopening of assessments for AY 2007-08, 2008-09, and 2009-10 under Section 147, as the reasons recorded were backdated and the approval was mechanical. Consequently, the addition under Section 68 for AY 2007-08 was also quashed. The appeals of the assessee were allowed due to the invalid reopening of assessments. Case-Laws Income Tax Fri, 29 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414321