Section 147 Proceeding without reporting reasons for reopening is unsustainable

Sh. Ghasi Lal Gurjar Vs ITO (ITAT Jaipur) Held that the department has failed to issue notice, failed to report the reasons for reopening the case and also failed to take the approval of the appropriate authority before as initiation of proceedings u/s 147 of the I.T. Act. Appeal allowed on technical ground. Facts- The assessment in the case of the assessee was completed u/s 144 by the AO and addition was made under LTCG at Rs. 92,70,000/- for the sale of land. During the course of the appellant proceeding before CIT(A) the assessee filed additional evidence. AO stated that the assessee had so...