https://www.taxtmi.com/caselaws?id=772299 Delhi HC held that reopening of assessment based on Form 26AS was invalid. The court found apparent errors in Form 26AS with repeated entries that could be discovered by mere examination. After eliminating duplicate entries, only Rs. 1,926 difference existed between returned salary income and TDS reflected in Form 26AS. The court ruled that erroneous material on record cannot constitute tangible material for forming belief that income escaped assessment. Both CIT(A) and ITAT agreed no tangible material existed for AO's belief. Assessment reopening was quashed in favor of assessee. en-us Tue, 27 May 2025 00:00:00 +0530 Fri, 06 Jun 2025 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772299 Delhi HC held that reopening of assessment based on Form 26AS was invalid. The court found apparent errors in Form 26AS with repeated entries that could be discovered by mere examination. After eliminating duplicate entries, only Rs. 1,926 difference existed between returned salary income and TDS reflected in Form 26AS. The court ruled that erroneous material on record cannot constitute tangible material for forming belief that income escaped assessment. Both CIT(A) and ITAT agreed no tangible material existed for AO's belief. Assessment reopening was quashed in favor of assessee. Case-Laws Income Tax Tue, 27 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772299