Court Challenges Reopening of Assessment u/s 147 Due to AO's Lack of Independent Judgment on Property Purchases.

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....Reopening of assessment u/s 147 - unexplained property purchased - nowhere AO has applied his own mind before issuing notice and to arrive at conclusion that assessee has escaped an income and on the basis of report submitted by the Investigation Wing, AO issued notice purely on borrowed satisfaction. - AT....