Even Sec.143(1) assessment cannot be reopened without proper reason to believe

Principal CIT Vs Manzil Dineshkumar Shah (Gujarat High Court) It is well settled that even in case where the original assessment is made without scrutiny, the requirement of the Assessing Officer forming the belief that income chargeable to tax has escaped assessment, would apply. Reference in this respect can be made of the judgment in case of Inductotherm (India) P. Ltd. v. M. Gopalan, Deputy Commissioner of Income­Tax reported in [2013] 356 ITR 481 (Guj). It is equally well settled that the notice of reopening can be supported on the basis of reasons recorded by the Assessing Officer. He ...