Reopening assessment under Section 148 without recording reasons is bad in law

DCIT Vs SECL (ITAT Raipur)

Conclusion: In present facts of the case, it was observed that in the absence of  reasons, the jurisdiction assumed under section 148 of the Act to reopen a completed assessment is clearly void ab initio and consequently, assessment order is bad in law.

Held: In present facts of the case, two issues were adjudicated which were: (i)

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