Gujarat HC Quashes Income Tax Reopening for Lack of application of mind

Bharatkumar Nihalchand Shah Vs ACIT (Gujarat High Court) Gujarat High Court has set aside a notice issued by the Assistant Commissioner of Income Tax (ACIT) to reopen the income tax assessment of Bharatkumar Nihalchand Shah for the Assessment Year (AY) 2011-12. The court, in its ruling, found that the Assessing Officer (AO) had acted without proper application of mind, citing discrepancies in the reasons recorded for the reopening. The petitioner, Bharatkumar Nihalchand Shah, had challenged the notice dated March 29, 2018, issued under Section 148 of the Income Tax Act, 1961, which sought to r...