https://www.taxtmi.com/caselaws?id=458611 The Tribunal quashed the re-opening of the assessment for the year 2010-11, deeming it legally flawed due to mechanical approval by the Pr. CIT without proper application of mind. The AO failed to verify the bank account information, which was not linked to the assessee. Consequently, the Tribunal allowed the appeal, rendering the re-opening and any additions made on merits invalid under section 148 of the Income Tax Act. This decision effectively addressed both issues raised, leading to the allowance of the appeal and invalidation of the assessment process. en-us Wed, 08 Jan 2020 00:00:00 +0530 Fri, 08 Nov 2024 19:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458611 The Tribunal quashed the re-opening of the assessment for the year 2010-11, deeming it legally flawed due to mechanical approval by the Pr. CIT without proper application of mind. The AO failed to verify the bank account information, which was not linked to the assessee. Consequently, the Tribunal allowed the appeal, rendering the re-opening and any additions made on merits invalid under section 148 of the Income Tax Act. This decision effectively addressed both issues raised, leading to the allowance of the appeal and invalidation of the assessment process. Case-Laws Income Tax Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458611