Reassessment Quashed Because Property Was Purchased From Different Entity Than Alleged

Raj Kumar Dogra Vs ITO (ITAT Chandigarh) ITAT Deletes Section 69 Addition Because Cash Payment Allegation Lacked Evidence; Reopening Under Section 148 Invalid Due to Incorrect Facts and Non-Application of Mind; Addition Based on Unconfronted Third-Party Material Violates Natural Justice; Banking Channel Payments Defeat Allegation of Unaccounted Cash Transaction; Mechanical Approval and Lack of Statutory Compliance Make Reassessment Unsustainable; ITAT Chandigarh Says Suspicion Cannot Replace Evidence in Reassessment Proceedings; Reassessment Proceedings Set Aside Because Revenue Failed to Esta...