Section 147: Reopening Income Tax Assessments Requires Legitimate Basis, Not Mere Claim Verification or Roving Inquiry.

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....Reopening of assessment u/s 147 - assumption of jurisdiction u/s 148 - For a mere verification of the claim, the power of reopening of the assessment could not be exercised and it further observed that AO under the guise of power to re-open the assessment cannot seek to undertake an undertaking a fishing or roving inquiry or seek to verify the claim as if he is the scrutiny officer. - AT....