https://www.taxtmi.com/highlights?id=72769 Reopening of assessment u/s 147 - The entire exercise of re-opening would depend upon the reasons recorded by the AO and therefore the reasons recorded to re-open the assessment by the AO must disclose all relevant facts to the assessee so as to refute the reasons by filing objections. Unless the AO records his independent satisfaction in the reasons recorded on the basis of the information received and communicates the same to the assessee, right of the assessee to file objections would remain an empty formality. - HC en-us Fri, 27 Oct 2023 21:05:57 +0530 Sat, 28 Oct 2023 12:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72769 Reopening of assessment u/s 147 - The entire exercise of re-opening would depend upon the reasons recorded by the AO and therefore the reasons recorded to re-open the assessment by the AO must disclose all relevant facts to the assessee so as to refute the reasons by filing objections. Unless the AO records his independent satisfaction in the reasons recorded on the basis of the information received and communicates the same to the assessee, right of the assessee to file objections would remain an empty formality. - HC Highlights Income Tax Fri, 27 Oct 2023 21:05:57 +0530 https://www.taxtmi.com/highlights?id=72769