AdvertisementH.L. Financiers Pvt.Ltd. Vs ITO (ITAT Delhi) Delhi ITAT Quashes Reassessment: Unsigned and Unauthenticated ‘Reasons to Believe’ Cannot Sustain Notice under Section 148 The Delhi ITAT quashed a reassessment holding that the reasons recorded for reopening were unsigned, unauthenticated, and did not disclose the name or designation of the Assessing Officer, rendering the notice issued under section 148 invalid. The Tribunal held that compliance with sections 147 to 152 is mandatory and cannot be diluted. The assessee contended that the reasons for reopening were never properly furnish...