https://www.taxtmi.com/caselaws?id=467298 Reopening of assessment under section 148/147 was invalidated for lack of concrete material establishing the requisite reasons to believe; the reassessment record contained unsupported assertions, withheld source information, and no evidence of manipulation or conspiracy, so additions under section 69C read with section 115BBE rested on conjecture and were set aside, resulting in the reassessment and consequential additions being struck down in favour of the assessee. en-us Fri, 21 Feb 2025 00:00:00 +0530 Fri, 13 Mar 2026 18:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467298 Reopening of assessment under section 148/147 was invalidated for lack of concrete material establishing the requisite reasons to believe; the reassessment record contained unsupported assertions, withheld source information, and no evidence of manipulation or conspiracy, so additions under section 69C read with section 115BBE rested on conjecture and were set aside, resulting in the reassessment and consequential additions being struck down in favour of the assessee. Case-Laws Income Tax Fri, 21 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467298