the reasons given by the AO in notice under s. 148 of the Act are merely mechanical and have not given any concrete reasons as to why the reopening is justified. As regards ground No. 2 relating to addition under s. 69, the assessee has given a detail of investments and the fact that the addition of the said amount is already made in the hands of the father of the assessee does not sustain in the hands of the assessee. As regards Ground No. 3 relating to addition under s. 68 in respect of cash deposits, the AO himself admitted that the cheque of Rs. 10,00,000 has been returned back which was not at all considered by the CIT(A). The reasons are mechanical as all the investment as well as the loans were demonstrated by the assessee as per the audited balance sheet itself. Therefore, the AO was not right in reopening the assessment which is bad in law and without any justified reasons for the additions. Thus, the appeal of the assessee is allowed.