![Income Tax Appellate Tribunal (ITAT)](/wp-content/uploads/2023/02/MicrosoftTeams-image-494-440x293.png)
Reopening of the assessment is indemonstrable in law as reasons inserted in Section 147 IT Act were not considered as evidence: ITAT
It is a trite law that the reasons, as recorded for reopening the reassessment, are to be examined on a standalone basis to determine the validity of proceedings under section 147 IT Act.