https://www.taxtmi.com/caselaws?id=214310 HC upheld the reassessment proceedings initiated under sections 147/148, holding that Explanation 3 to section 147 empowers the Assessing Officer to make additions on issues other than those forming the basis of the reassessment notice, if such income escaping assessment comes to notice during reassessment. The provision does not require that additions must first be sustained on the original ground for which reassessment was initiated. Accordingly, additions relating to salary, perquisites, and unexplained cash deposits with interest were sustained. The appeal was decided against the assessee. en-us Mon, 13 Sep 2010 00:00:00 +0530 Sat, 04 Jul 2026 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214310 HC upheld the reassessment proceedings initiated under sections 147/148, holding that Explanation 3 to section 147 empowers the Assessing Officer to make additions on issues other than those forming the basis of the reassessment notice, if such income escaping assessment comes to notice during reassessment. The provision does not require that additions must first be sustained on the original ground for which reassessment was initiated. Accordingly, additions relating to salary, perquisites, and unexplained cash deposits with interest were sustained. The appeal was decided against the assessee. Case-Laws Income Tax Mon, 13 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214310