https://www.taxtmi.com/caselaws?id=434202 The court quashed the notice issued under Section 148 and the order for reopening the assessment under Section 147 of the Income-tax Act, 1961, due to the lack of clarity and proper application of mind by the assessing officer. The court found the reasons provided for reopening the assessment insufficient and unsupported by evidence, failing to establish a necessary link between the reasons and the alleged income that had escaped assessment. Consequently, the court deemed the notice and the reopening order unsustainable, resulting in their annulment without any order as to costs. en-us Wed, 15 Feb 2023 00:00:00 +0530 Mon, 27 Nov 2023 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434202 The court quashed the notice issued under Section 148 and the order for reopening the assessment under Section 147 of the Income-tax Act, 1961, due to the lack of clarity and proper application of mind by the assessing officer. The court found the reasons provided for reopening the assessment insufficient and unsupported by evidence, failing to establish a necessary link between the reasons and the alleged income that had escaped assessment. Consequently, the court deemed the notice and the reopening order unsustainable, resulting in their annulment without any order as to costs. Case-Laws Income Tax Wed, 15 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434202