Reopening invalid if no nexus with reasons recorded & ‘formation of belief’

Smt. B. Radha & Ors. Vs. DCIT (ITAT Hyderabad)

The impugned issue to be considered is whether the reopening of assessment on the basis of so-called statement of Shri Ramalinga Raju (Satyam Computers) is warranted. As seen from the additions made, there is no live-link with the reasons recorded and the additions made. In fact, all the issues have been examined at the time of original assessment as scrutiny assessment has been completed in this case earlier.

In this case as there being no nexus or live-link with the

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