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    <title>Court Reviews Validity of Assessment Reopened u/s 147 for Unexplained Cash Credits in Bank Deposits.</title>
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    <description>Reopening of assessment u/s 147 - unexplained cash credit - We fail to understand that without taking note of the quantum of income returned to tax, how could the AO have formed belief of escapement of income to the extent of cash found deposited in the bank account of the assessee. - AT</description>
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      <description>Reopening of assessment u/s 147 - unexplained cash credit - We fail to understand that without taking note of the quantum of income returned to tax, how could the AO have formed belief of escapement of income to the extent of cash found deposited in the bank account of the assessee. - AT</description>
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