https://www.taxtmi.com/caselaws?id=257644 Reassessment under Section 147 is confined to escaped or under-assessed income and does not authorise a fresh review of the entire original assessment. Where reopening is initiated on one escaped item, completed matters that have already attained finality cannot be reconsidered merely because reassessment proceedings have begun. The Assessing Officer may bring the escaped income to tax, but cannot reopen concluded issues unrelated to that item or convert reassessment into a revision of the original assessment. en-us Tue, 17 Mar 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257644 Reassessment under Section 147 is confined to escaped or under-assessed income and does not authorise a fresh review of the entire original assessment. Where reopening is initiated on one escaped item, completed matters that have already attained finality cannot be reconsidered merely because reassessment proceedings have begun. The Assessing Officer may bring the escaped income to tax, but cannot reopen concluded issues unrelated to that item or convert reassessment into a revision of the original assessment. Case-Laws Income Tax Tue, 17 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257644