Reopening Quashed—AO Recorded Wrong Facts, Wrong Amounts & Even Wrong Name;

Om Prakash Vs ITO (ITAT Agra) Reopening Quashed—AO Recorded Wrong Facts, Wrong Amounts & Even Wrong Name; Mechanical 151 Approval Invalid The Assessee appealed against the NFAC order dated 10.12.2024 sustaining assessment u/s 144 r.w.s.147 dated 23.12.2018. The appeal was filed with a delay of 22 days, which the Tribunal condoned (page 1). 1. Reasons recorded based on completely incorrect facts The AO reopened assessment alleging cash deposits of ₹28,26,470 (as per reasons) and ₹38,56,470 (as per assessment order). However, as seen from the bank statements (pp. 4–5, reproduced in o...