2017 (12) TMI 1343 - ITAT DELHI

Validity of the reopening u/s 147 r.w.s. 148 - non application of independent mind by AO - Held that:- AO simply acted upon the information received from the Investigation Wing and did not apply his own mind. Therefore, the reopening u/s 147 by issuing the notice u/s 148 of the Act, only on the basis of information received from the Investigation Wing was not valid. Accordingly, the reassessment framed by the AO is quashed. - Decided in favour of assessee.