https://www.taxtmi.com/caselaws?id=759202 ITAT Mumbai quashed the final assessment order passed under section 147 read with section 144C(13) following DRP directions. The tribunal held that the AO mechanically reopened assessment based on erroneous information without proper application of mind, violating established legal principles. Despite DRP's rejection of the draft assessment order and proposal for fresh addition, the tribunal found the entire process invalid. The assessment order was deemed illegal and unsustainable, with the assessee's appeal being allowed and the impugned orders quashed completely. en-us Mon, 02 Sep 2024 00:00:00 +0530 Wed, 25 Sep 2024 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759202 ITAT Mumbai quashed the final assessment order passed under section 147 read with section 144C(13) following DRP directions. The tribunal held that the AO mechanically reopened assessment based on erroneous information without proper application of mind, violating established legal principles. Despite DRP's rejection of the draft assessment order and proposal for fresh addition, the tribunal found the entire process invalid. The assessment order was deemed illegal and unsustainable, with the assessee's appeal being allowed and the impugned orders quashed completely. Case-Laws Income Tax Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759202