https://www.taxtmi.com/caselaws?id=419171 The Tribunal held that the reopening of the assessment under section 147 was invalid due to the lack of valid reasons to believe income had escaped assessment and the mechanical approval by the Addl. CIT. The assessment order was quashed, and the assessee's appeal was allowed. en-us Tue, 01 Feb 2022 00:00:00 +0530 Thu, 03 Mar 2022 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419171 The Tribunal held that the reopening of the assessment under section 147 was invalid due to the lack of valid reasons to believe income had escaped assessment and the mechanical approval by the Addl. CIT. The assessment order was quashed, and the assessee's appeal was allowed. Case-Laws Income Tax Tue, 01 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419171