Borrowed Satisfaction Backfires: ITAT Ahmedabad Quashes 147 Reopenings Based on Dishman Group Search Inputs

Arcoy Industries India Pvt. Ltd. Vs DCIT (ITAT Ahmedabad) Borrowed Satisfaction Backfires: ITAT Ahmedabad Quashes 147 Reopenings Based on Dishman Group Search Inputs ITAT Ahmedabad “A” Bench, in Arcoy Industries (India) Pvt. Ltd. vs DCIT (ITA Nos. 424–427/Ahd/2024; AYs 2013-14, 2014-15, 2015-16 & 2017-18; order dated 23-12-2025), quashed reassessment proceedings u/s 147 initiated on the basis of general information from the Insight Portal arising out of a search u/s 132 in Dishman Group cases. Tribunal held that reopening was founded on borrowed satisfaction, vague & incorrect re...