Section 147 of the Income-tax Act, 1961—Reassessment - The objection raised by the assessee regarding the correct amount of capital gain as recorded in the reasons cannot be a ground for quashing the proceedings u/s 147/148 when the AO has shown the relevance between the reasons recorded and the formation of belief on the subject matter and the source of income which has escaped assessment - When the reasons are itself self-explanatory and speaking the link between the material and the formation of belief then the approving authority i.e. Pr. CIT is not required further to supplement the reasons to believe as recorded by the AO. - ARPIT KHAIRARI V/s ITO - [2020] 183 ITD 737 (ITAT-JAIPUR)