Initiation of reassessment proceeding by mere putting a seal as approving statement not sufficient

Ashok Kumar Agarwal Vs ITO (ITAT Delhi) ITAT Delhi held that by mere putting a seal as approving statement is not sufficient for initiation of reassessment proceedings u/s 147. It proves that approving authority has granted the approval in mechanical manner without application of mind and hence initiation of reassessment proceedings invalid. Facts- The assessee vide present appeal has put up additional ground mainly contending that impugned reopening action us 148 made on basis of incorrect /erroneous /non existing basis that assessee do not have PAN and is non return filer, whereas assessee h...