Rajendra Singh Karnawat v. ACIT (2022) 138 taxmann.com 208 (Bom.)(HC) Editorial: SLP dismissed as withdrawn as final reassessment order had already passed which was appealable before CIT(A), Rajendra Singh Karnawat v. ACIT (2022) 287 Taxman 227 /113 CCH 159 (SC)

S. 147 : Reassessment-Non disclosure of primary facts-Single ground of reopening of reassessment is valid. [S. 143(1), 148, Art. 226]

Dismissing  the petition the Court held that the  Assessing Officer had mentioned details of information received by him; he had given analysis of such information and findings as to why he had formed a reason to believe that income had escaped assessment-According to High Court, such reasons could not even remotely be termed as illusory or hypothetical or conjectures and, thus, reopening of assessment was justified. (AY.  2012-13)