Reassessment cannot be In Casual & Whimsical Manner

Manash Nandi Vs ITO (ITAT Kolkata)

We find that the AO has recorded the reasons u/s 148 of the Act in a very casual manner. We find that the AO has only reproduced in the reasons recorded the information received and hurriedly came to the conclusion that there exists escapement of income and evasion of tax without any application of mind and further stated that hence this matter is taken up u/s 147 of the Act. In our considered opinion the reopening of assessment cannot me made in a casual and whimsical manner. The AO has to

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