https://www.taxtmi.com/caselaws?id=783318 ITAT Ahmedabad (AT) allowed the assessee's appeal, quashing the reassessment initiated u/s 148 and deleting the addition made u/s 69C r/w s.115BBE. The Tribunal held that the AO acted solely on general information alleging that a third party was an accommodation-entry provider, without any specific, cogent material linking the assessee's transactions to bogus entries. As the assessee had produced invoices, stock registers, delivery challans and bank statements evidencing genuine sales, and the Revenue conducted no independent enquiry to rebut these, the reopening was based on mere suspicion and constituted a change of opinion on an already examined issue, rendering it invalid in law. en-us Wed, 10 Dec 2025 00:00:00 +0530 Sat, 13 Dec 2025 08:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783318 ITAT Ahmedabad (AT) allowed the assessee's appeal, quashing the reassessment initiated u/s 148 and deleting the addition made u/s 69C r/w s.115BBE. The Tribunal held that the AO acted solely on general information alleging that a third party was an accommodation-entry provider, without any specific, cogent material linking the assessee's transactions to bogus entries. As the assessee had produced invoices, stock registers, delivery challans and bank statements evidencing genuine sales, and the Revenue conducted no independent enquiry to rebut these, the reopening was based on mere suspicion and constituted a change of opinion on an already examined issue, rendering it invalid in law. Case-Laws Income Tax Wed, 10 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783318