Assessment Reopening Valid u/s 147 Due to "Reason to Believe" on Hawala Transactions; Process Deemed Flawless.

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....Validity of the reopening of the assessment u/s 147 - eligibility of reason to believe - hawala transactions - borrowed satisfaction - the A.O in the backdrop of the information that was received by him from the Investigation wing, Mumbai had after due application of mind validly reopened the case of the assessee. Accordingly, finding no infirmity in the validity of the reopening of the assessee’s case u/s 147 - AT....