Reasons recorded mere repetition of report of DDI. (Inv.)- Reassessment order set aside

Sri Laxmi Narayan Agency Vs ITO (Orissa High Court) On writ the assessee contended that the documents on the basis of which the Assessing Officer had formed the reason to believe that income had escaped assessment were not supplied to the assessee, and that the request for opportunity of cross-examination of the persons on the basis of whose statements during the survey under section 133A according to the report of the Deputy Director (Inv.) the reopening was supposed to have been directed was not provided to the assessee. Allowing the petition, the Court held that the reopening of the asses...