Court Invalidates Reassessment u/s 147: Lack of Crucial Documents and Independent Analysis by Assessing Officer.

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....Reopening of assessment u/s 147 - Non dealing with objections - In the present case, apart from the fact that the reopening of the assessment being bad in law for non-supplying of the vital documents on the basis of which the reasons to believe were formed, the Court finds that the reasons for reopening merely reproduces the language of the report of the DDIT (Inv.) without the AO independently applying his mind to the material on record. - the impugned re-assessment order to be unsustainable in law - HC....