https://www.taxtmi.com/caselaws?id=298610 The Tribunal found the Assessing Officer's reasons for reopening the assessment to be based on incorrect facts, with subsequent explanations failing to rectify the error. The AO's actions were deemed legally unsustainable as they lacked proper application of mind and failed to establish a live link between the reasons and evidence. Consequently, the reassessment order was quashed, and the appeal by the assessee was allowed, with the Tribunal not addressing the merits of the addition due to the invalidity of the reopening. en-us Fri, 08 Mar 2019 00:00:00 +0530 Thu, 11 Nov 2021 19:34:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298610 The Tribunal found the Assessing Officer's reasons for reopening the assessment to be based on incorrect facts, with subsequent explanations failing to rectify the error. The AO's actions were deemed legally unsustainable as they lacked proper application of mind and failed to establish a live link between the reasons and evidence. Consequently, the reassessment order was quashed, and the appeal by the assessee was allowed, with the Tribunal not addressing the merits of the addition due to the invalidity of the reopening. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298610