https://www.taxtmi.com/caselaws?id=449397 The Bombay HC allowed the petition challenging validity of reopening assessment proceedings. The court found that the assessing officer issued two contradictory orders under Section 148A(d) within five days - first recommending against issuing notice under Section 148, then reversing the decision without basis. The court held this demonstrated non-application of mind by both the assessing officer and sanctioning authority PCCIT. The HC directed PCIT to conduct inquiry against the officer for issuing contradictory orders and take necessary action. The assessment reopening was invalidated due to procedural irregularities. en-us Mon, 05 Feb 2024 00:00:00 +0530 Sat, 10 Feb 2024 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449397 The Bombay HC allowed the petition challenging validity of reopening assessment proceedings. The court found that the assessing officer issued two contradictory orders under Section 148A(d) within five days - first recommending against issuing notice under Section 148, then reversing the decision without basis. The court held this demonstrated non-application of mind by both the assessing officer and sanctioning authority PCCIT. The HC directed PCIT to conduct inquiry against the officer for issuing contradictory orders and take necessary action. The assessment reopening was invalidated due to procedural irregularities. Case-Laws Income Tax Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449397