https://www.taxtmi.com/caselaws?id=778536 ITAT held that reopening of assessment was invalid because the AO failed to record any satisfaction or reasons to believe that income had escaped assessment. The notice issued under section 148/147 was therefore invalid for lack of recorded reasons. The tribunal quashed the reopening and the assessment framed thereon and allowed the taxpayer's appeal. en-us Fri, 12 Sep 2025 00:00:00 +0530 Thu, 18 Sep 2025 08:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778536 ITAT held that reopening of assessment was invalid because the AO failed to record any satisfaction or reasons to believe that income had escaped assessment. The notice issued under section 148/147 was therefore invalid for lack of recorded reasons. The tribunal quashed the reopening and the assessment framed thereon and allowed the taxpayer's appeal. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778536