https://www.taxtmi.com/caselaws?id=259210 In reassessment proceedings, limitation under section 149(1)(b) is to be tested by reference to the income that escaped assessment, not the final demand raised after reassessment. Jurisdictional objections must therefore be examined on the correct statutory basis and cannot be rejected without addressing the escaped-income issue on merits. Where objections to a section 148 notice are filed, the Assessing Officer must dispose of them by a speaking order. Assessment, rectification, and revisional orders that ignore relevant material, including land acquisition and TDS-related documents, are unsustainable and may be set aside for fresh consideration. en-us Fri, 10 Apr 2015 00:00:00 +0530 Sun, 03 May 2015 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259210 In reassessment proceedings, limitation under section 149(1)(b) is to be tested by reference to the income that escaped assessment, not the final demand raised after reassessment. Jurisdictional objections must therefore be examined on the correct statutory basis and cannot be rejected without addressing the escaped-income issue on merits. Where objections to a section 148 notice are filed, the Assessing Officer must dispose of them by a speaking order. Assessment, rectification, and revisional orders that ignore relevant material, including land acquisition and TDS-related documents, are unsustainable and may be set aside for fresh consideration. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259210