https://www.taxtmi.com/caselaws?id=785375 Reopening of assessment was challenged on the basis that information relied upon was vague and derived from a seized third-party document which contained no direct or indirect link to the taxpayers; statements recorded under statutory witness provisions did not mention the taxpayers and did not connect the documents rates to them. The reasoning therefore found the invocation of reassessment proceedings to be ill-conceived and unsustainable for lack of evidentiary linkage and sufficiency, resulting in quashing of the reopening and allowance of the taxpayers appeal. en-us Tue, 13 Jan 2026 00:00:00 +0530 Thu, 22 Jan 2026 08:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785375 Reopening of assessment was challenged on the basis that information relied upon was vague and derived from a seized third-party document which contained no direct or indirect link to the taxpayers; statements recorded under statutory witness provisions did not mention the taxpayers and did not connect the documents rates to them. The reasoning therefore found the invocation of reassessment proceedings to be ill-conceived and unsustainable for lack of evidentiary linkage and sufficiency, resulting in quashing of the reopening and allowance of the taxpayers appeal. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785375