Held that the Assessing Officer merely on basis of information received from Investigation wing, Mumbai with reference to search carried out in case of one Gautam Jain  reopened assessment on ground that assessee has taken accommodation entries of bogus purchase bills from Gautam Jain., since Assessing Officer had not recorded his own satisfaction and had not made any effort to examine and to discuss material received from Investigation wing. Reassessment order is quashed.(AY. 2007-08)