https://www.taxtmi.com/caselaws?id=182203 The High Court upheld the Tribunal's decision, ruling that cash credit entries could not be reopened under section 147 as they were concluded during the original assessment. The Court emphasized that reassessment is limited to under-assessment or escaped income issues and cannot revisit settled matters. Previous judgments were cited, and the appeal was dismissed for lack of substantial legal questions. en-us Wed, 20 Nov 2002 00:00:00 +0530 Mon, 20 Jun 2016 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182203 The High Court upheld the Tribunal's decision, ruling that cash credit entries could not be reopened under section 147 as they were concluded during the original assessment. The Court emphasized that reassessment is limited to under-assessment or escaped income issues and cannot revisit settled matters. Previous judgments were cited, and the appeal was dismissed for lack of substantial legal questions. Case-Laws Income Tax Wed, 20 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182203