Reopening of assessment based on approval granted in routine/ casual manner is untenable

Kadir Ahmed Vs ITO (ITAT Delhi)

ITAT Delhi held that reopening of the assessment u/s 147 of the Income Tax Act based on the approval granted in a routine and casual manner is unsustainable in the eye of law.

Facts-

The Department has received Non PAN AIR information regarding cash deposit of Rs.21,55,00

Please become a Premium member. If you are already a Premium member, login here to access the full content.