https://www.taxtmi.com/caselaws?id=67937 A reassessment based on the same material already on record was unsustainable where the governing circular applied only to cases in which proper books were not maintained, so the reopening for the first two years could not be justified. For the third year, where the assessee had maintained books of account, the circular supported a deduction above the stated cap, and restricting the allowance to Rs. 10,000 was not proper. The operative principle is that reassessment cannot rest on material already considered when the circular does not support it, and a deduction limit cannot be imposed contrary to the circular where proper accounts exist. en-us Sun, 09 Nov 1986 00:00:00 +0530 Tue, 15 Mar 2011 17:38:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67937 A reassessment based on the same material already on record was unsustainable where the governing circular applied only to cases in which proper books were not maintained, so the reopening for the first two years could not be justified. For the third year, where the assessee had maintained books of account, the circular supported a deduction above the stated cap, and restricting the allowance to Rs. 10,000 was not proper. The operative principle is that reassessment cannot rest on material already considered when the circular does not support it, and a deduction limit cannot be imposed contrary to the circular where proper accounts exist. Case-Laws Income Tax Sun, 09 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67937