Reopening for not considering a SC Judgment in original assessment not valid

Delhi High Court held In the case of Coperion Ideal Pvt. Ltd. vs. CIT that threshold requirement of re-opening of assessment that the AO should, on the basis of some tangible material, conclude that there was escapement of income on account of the Assessee failing to disclose material particulars, is not fulfilled in the present case. Consequently, the reopening of the assessment was not justified. The mere fact that there was a judgment of the Supreme

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