https://www.taxtmi.com/highlights?id=87935 HC held that the assessment reopening under SS147 was procedurally flawed. The AO failed to substantiate allegations of income escape by thoroughly examining disputed shipping bill evidence. The Assessee's contention of manual bill correction and non-involvement in alleged exports was not adequately addressed. Consequently, the SS148A(d) order was set aside, effectively nullifying the assessment reopening and upholding the Assessee's appeal without prejudice to potential future reassessment if concrete evidence emerges. en-us Thu, 01 May 2025 08:46:52 +0530 Thu, 01 May 2025 08:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87935 HC held that the assessment reopening under SS147 was procedurally flawed. The AO failed to substantiate allegations of income escape by thoroughly examining disputed shipping bill evidence. The Assessee's contention of manual bill correction and non-involvement in alleged exports was not adequately addressed. Consequently, the SS148A(d) order was set aside, effectively nullifying the assessment reopening and upholding the Assessee's appeal without prejudice to potential future reassessment if concrete evidence emerges. Highlights Income Tax Thu, 01 May 2025 08:46:52 +0530 https://www.taxtmi.com/highlights?id=87935