Bench: Shri Chandra Poojari & Shri G. Pavan Kumar
bogus. Hence, proper investigation regarding these loans is necessary.” He submitted that Supreme Court did not find that these were sufficient reasons for reopening the assessment. With regard to the sentence ‘hence, proper investigation regarding these loans is necessary’, the Supreme Court observed that this - - 5 ITA 568 to 572/M/17 conclusion that there is a case for investigation