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2015 (12) TMI 1817 - AT - Income TaxReopening of assessment u/s 147 - assessee has not filed any return of income for assessment year under appeal - HELD THAT:- Assessee filed return of income in assessment year 1999-2000 on 08.03.2000. Copy of the acknowledgement of filing of the return is filed at page 28 of the Paper Book. Since the Assessing Officer recorded incorrect and non-existing reasons for re-opening of the assessment, therefore, re-opening of the assessment would not be justified in the matter. We rely upon decision of Hon'ble Punjab & Haryana High Court in the case of Atlas Cycle Industries [1989 (4) TMI 48 - PUNJAB AND HARYANA HIGH COURT] - Decided in favour of assessee
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