https://www.taxtmi.com/caselaws?id=418622 The Tribunal allowed the assessee's appeal by quashing the reassessment order, finding the reopening of assessment under Section 147 invalid due to improper recording of reasons for the belief that income had escaped assessment. Consequently, the Revenue's appeal was dismissed as infructuous. en-us Wed, 16 Feb 2022 00:00:00 +0530 Mon, 21 Feb 2022 08:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418622 The Tribunal allowed the assessee's appeal by quashing the reassessment order, finding the reopening of assessment under Section 147 invalid due to improper recording of reasons for the belief that income had escaped assessment. Consequently, the Revenue's appeal was dismissed as infructuous. Case-Laws Income Tax Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418622