Reopening based on mere report of DVO is invalid, illegal and void-ab-initio

HIGH COURT OF ALLAHABAD Commissioner of Income-tax Versus Vrindaban Real Estate (P.) Ltd. IT Appeal NOS. 486 OF 2008 AND 344, 347 & 609 of 2011 JULY  24, 2012 ORDER 1. We have heard Shri Dhananjai Awasthi, learned counsel appearing for the department. Shri Ashish Bansal appears for the assessee-company. 2. These Income Tax Appeals filed by the Commissioner of Income Tax-I, Agra arise out of a common judgment and order of Income Tax Appellate Tribunal, Agra Bench, Agra dated 30.5.2008 in ITA Nos. 307, 308, 309 & 310/Agr/2007 relating to assessment years 1997-98, 1998-9...