Reassessment was justified as matter regarding taxability of JDA is to be decided after verification

INCOME TAX : Where assessee, owner of land, entered into a JDA with a developer in financial year 2013-14 and offered LTCG from same in assessment year 2016-17 and AO issued reopening notice on ground that Metropolitan Development Authority approval for building was obtained in financial year 2013-14 itself, thus, LTCG was taxable in assessment year 2014-15, since return of income for assessment year 2014-15 was not scrutinized at all impugned reopening notice was justified

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