Assessing Officer can add income items in Section 147 reopenings, but must address escaped income first for validity.

Assessing Officer can add income items in Section 147 reopenings, but must address escaped income first for validity. https://www.taxtmi.com/highlights?id=67607 Reopening of assessment u/s 147 - AO can add other items of income along with the income for the escapement of which the assessment was reopened. However, without assessing that escaped income the Assessing Officer cannot make assessment of other items of income. Thus,no hesitation in holding that the addition made by disallowing the expenses claimed is unsustainable. - AT en-us Tue, 10 Jan 2023 09:24:59 +0530 Tue, 10 Jan 2023 09:24:59 +0530 TaxTMI RSS Generator Assessing Officer can add income items in Section 147 reopenings, but must address escaped income first for validity. https://www.taxtmi.com/highlights?id=67607 Reopening of assessment u/s 147 - AO can add other items of income along with the income for the escapement of which the assessment was reopened. However, without assessing that escaped income the Assessing Officer cannot make assessment of other items of income. Thus,no hesitation in holding that the addition made by disallowing the expenses claimed is unsustainable. - AT Highlights Income Tax Tue, 10 Jan 2023 09:24:59 +0530 https://www.taxtmi.com/highlights?id=67607