Commissioner Of Income Tax vs Rajan N. Aswani

Whether the Tribunal was justified in quashing the reopening of assessment when it was reopened within four years from the end of the assessment year, particularly on grounds previously opposed by the Assessing Officer in response to audit objections --- Held: Yes, the Tribunal's decision was upheld as the reopening notice was issued without independent application of mind by the Assessing Officer, relying on audit objections rather than fresh reasoning.