https://www.taxtmi.com/caselaws?id=776502 The ITAT Delhi Third Member upheld the Judicial Member's view that reopening under section 147 read with section 148 was invalid as the original reason for reopening was deleted by the CIT(A). The addition under section 68 relating to alleged bogus LTCG was deleted, and the remaining additions, not part of the original reasons recorded, could not be sustained. Consequently, the appeal of the assessee was allowed. en-us Wed, 06 Aug 2025 00:00:00 +0530 Tue, 12 Aug 2025 08:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776502 The ITAT Delhi Third Member upheld the Judicial Member's view that reopening under section 147 read with section 148 was invalid as the original reason for reopening was deleted by the CIT(A). The addition under section 68 relating to alleged bogus LTCG was deleted, and the remaining additions, not part of the original reasons recorded, could not be sustained. Consequently, the appeal of the assessee was allowed. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776502