No Property, No Proof, No Mind – ITAT Slams “Blind” 147 Reopening & Upholds Quash

ITO Vs Bhavneet Kaur Walia (ITAT Chandigarh) Mechanical Reopening Without Any Evidence – ITAT Upholds Quashing of Entire 147 Proceedings AO reopened the assessment u/s 147 purely on the basis of an Investigation Wing alert, alleging that Assessee had made undisclosed investment of ₹2,86,42,500 in an immovable property. Throughout the reassessment proceedings, Assessee repeatedly requested basic details such as: Which property? Address & description? Name of seller? Mode of payment? Shockingly, AO could not provide even a single detail. Despite this, he completed reassessment & ma...