https://www.taxtmi.com/caselaws?id=427365 HC held the reopening under s.147/s.148 invalid where the AO issued notice under s.148A(b) without proper verification of available information. The court found the term "information" in Explanation 1 to s.148 was misapplied and could not be lightly used to confer unchecked power on revenue. The AO had accepted the assessee's explanations on the original allegation but proceeded on a fresh, unrelated ground, depriving the assessee of a proper opportunity. The reassessment order was set aside in its entirety and the assessee's appeal allowed. en-us Mon, 29 Aug 2022 00:00:00 +0530 Wed, 20 Aug 2025 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427365 HC held the reopening under s.147/s.148 invalid where the AO issued notice under s.148A(b) without proper verification of available information. The court found the term "information" in Explanation 1 to s.148 was misapplied and could not be lightly used to confer unchecked power on revenue. The AO had accepted the assessee's explanations on the original allegation but proceeded on a fresh, unrelated ground, depriving the assessee of a proper opportunity. The reassessment order was set aside in its entirety and the assessee's appeal allowed. Case-Laws Income Tax Mon, 29 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427365