Judgement

HC quashed reassessment notices holding that proceedings can’t be reopened on identical issues already examined in earlier reassessment u/s 147, and remanded the case for fresh hearing

Delhi HC Quashes Reassessment Notice; Identical Issue Already Examined in Earlier 147 Proceedings

ITAT Ahmedabad quashes reassessment u/s 147 where AO relied only on vague Insight-portal data; consequential order u/s 143(3) r.w.s. 147 set aside.

ITAT Quashes Reopening u/s 147 Based on Vague Insight-Portal Information; Consequential Assessment Set Aside

Reassessment u/s 147, in the absence of tangible material is not warranted

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Delhi HC Quashes Reassessment Notice; Identical Issue Already Examined in Earlier 147 Proceedings

ITAT Quashes Reopening u/s 147 Based on Vague Insight-Portal Information; Consequential Assessment Set Aside

Reassessment u/s 147, in the absence of tangible material is not warranted