https://www.taxtmi.com/caselaws?id=780152 ITAT MUMBAI - AT held that where a valid return is available and pending disposal by the AO, reopening under s.147/148 is impermissible because escapement of income cannot be presumed until the return is scrutinized or the scrutiny period has expired. Relying on MAD HC and SC precedents, the tribunal set aside the s.148 notice and quashed the consequent assessment order, allowing the taxpayer's appeal. en-us Thu, 09 Oct 2025 00:00:00 +0530 Fri, 24 Oct 2025 09:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780152 ITAT MUMBAI - AT held that where a valid return is available and pending disposal by the AO, reopening under s.147/148 is impermissible because escapement of income cannot be presumed until the return is scrutinized or the scrutiny period has expired. Relying on MAD HC and SC precedents, the tribunal set aside the s.148 notice and quashed the consequent assessment order, allowing the taxpayer's appeal. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780152