Order passed by AO in old PAN cannot be survived if transactions already reported in new PAN

Lova Impex Private Limited Vs ITO (ITAT Hyderabad) ITAT Hyderabad held that assessment order passed by AO in old PAN cannot be survived if transactions reported by DGFT in old PAN is already reported by assessee in new PAN. Accordingly, matter restored back to re-verify. Facts- The case of the appellant company for the assessment year 2016-2017 has been reopened u/s. 148A of the Income Tax Act, 1961 on the ground that information on record for the F.Y. 2015-2016 [A.Y. 2016-2017] reveals that, the appellant company made bill of entry for imports for assessable value of Rs.1,49,88,139/- and acco...