PCIT Need Not Issue Detailed Order if Section 151 Approval Shows Application of Mind

PCIT-04 Vs Ganesh Ganga Insvestments Pvt Ltd (Delhi High Court) High Courts holding Re assessment valid basis inputs received from search at third party, exempting CIT from writing detailed order to convey ‘Sanction’ In the case of PCIT-04 vs Ganesh Ganga Investments Pvt Ltd, the Delhi High Court addressed the validity of reopening the assessment under Section 148 of the Income Tax Act, 1961, based on information received from the Investigation Wing. The principal issue in this case was whether the Assessing Officer (AO) had indepenently applied his mind or whether the reopening was based ...