Reopening of assessment based on mechanically received approval is bad in law

Rasi Seeds Pvt. Ltd Vs DCIT (ITAT Chennai)

Held that reopening of assessment on the basis of the approval given in mechanical manner without application of mind is bad in law and liable to be quashed.

Facts-

Post search operations, the case of assessee was reopened u/s 147 and accordingly notice u/s 148 was issued. AO noticed that the assessee has inflated purchases by booking purchases claims to have been made from various parties on ca

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