https://www.taxtmi.com/caselaws?id=774026 Reassessment based only on AIR/ITD information showing cash deposits was invalid where the Assessing Officer did not independently examine the entries or apply fresh mind before recording reasons. A reopening founded merely on system-generated information, without tangible material supporting a belief that income had escaped assessment, was treated as mechanical and based on suspicion rather than jurisdictional facts. The reassessment proceedings were therefore void and bad in law, while the merits of the assessment remained undecided as academic. en-us Wed, 30 Apr 2025 00:00:00 +0530 Wed, 02 Jul 2025 08:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774026 Reassessment based only on AIR/ITD information showing cash deposits was invalid where the Assessing Officer did not independently examine the entries or apply fresh mind before recording reasons. A reopening founded merely on system-generated information, without tangible material supporting a belief that income had escaped assessment, was treated as mechanical and based on suspicion rather than jurisdictional facts. The reassessment proceedings were therefore void and bad in law, while the merits of the assessment remained undecided as academic. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774026