Allowing the petition the Court held that Section 147 of the Income-tax Act, 1961 specifically provides that the Assessing Officer must have reason to believe that income has escaped assessment. Approval is required under section 151 of the Act from the superior authority on the reasons recorded by the Assessing Officer. Just because some information has been received from the Crime Investigation Bureau that does not entitle the Assessing Officer to reopen the assessment.(AY. 2010-11 to 2012-13)