https://www.taxtmi.com/caselaws?id=776242 The ITAT Ahmedabad held that the AO did not derive primary satisfaction for reopening the assessment, as the reasons recorded were factually incorrect and based on a failure to properly examine the return of income filed by the assessee. The AO's conclusion of escapement of income was not supported by the material on record. Consequently, the reopening was quashed on factual grounds, and the appeal of the assessee was allowed without addressing the merits of the case. en-us Fri, 03 Jan 2025 00:00:00 +0530 Wed, 06 Aug 2025 14:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776242 The ITAT Ahmedabad held that the AO did not derive primary satisfaction for reopening the assessment, as the reasons recorded were factually incorrect and based on a failure to properly examine the return of income filed by the assessee. The AO's conclusion of escapement of income was not supported by the material on record. Consequently, the reopening was quashed on factual grounds, and the appeal of the assessee was allowed without addressing the merits of the case. Case-Laws Income Tax Fri, 03 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776242