https://www.taxtmi.com/caselaws?id=773606 Gujarat HC allowed the assessee's appeal challenging reopening of assessment. The AO failed to provide incriminating material found during search/survey to justify reopening based on alleged bogus sub-contract with Sadbhav Engineering Ltd and on-money from agricultural land sale. The court found no tangible material supporting reasonable belief of income escapement. Regarding land sale, the AO accepted co-owner's reply but reopened petitioner's case without basis. The Insight Portal data showed no nexus between seized material and petitioner. Assessment orders passed without petitioner's reply due to pending challenge were also quashed. en-us Fri, 20 Jun 2025 00:00:00 +0530 Wed, 25 Jun 2025 09:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773606 Gujarat HC allowed the assessee's appeal challenging reopening of assessment. The AO failed to provide incriminating material found during search/survey to justify reopening based on alleged bogus sub-contract with Sadbhav Engineering Ltd and on-money from agricultural land sale. The court found no tangible material supporting reasonable belief of income escapement. Regarding land sale, the AO accepted co-owner's reply but reopened petitioner's case without basis. The Insight Portal data showed no nexus between seized material and petitioner. Assessment orders passed without petitioner's reply due to pending challenge were also quashed. Case-Laws Income Tax Fri, 20 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773606