Reopening of assessment based on Investigation Report of other Assessee justified

S. Raheja Realty Pvt. Ltd. Vs Office of Income Tax Officer (Gujarat High Court) On perusal of the Explanation (1) of the Section 148, it is clear that that for the purpose of Section 148A, the information with the Assessing Officer which suggests that the income chargeable to tax has escaped assessment means any information fagged in the case of the assessee for the relevant assessment year in accordance with the risk management strategy formulated by the Board from time to time. In the facts of the case, the information is available with the Assessing Officer as per related information detail...