https://www.taxtmi.com/caselaws?id=440334 The Tribunal allowed the appeal, ruling that if no addition is made on the item for which the assessment was reopened, no further addition can be justified. The Tribunal deleted the additional income added by the Assessing Officer, amounting to Rs. 5,35,262/-. Precedents from various High Courts supported this legal principle, emphasizing that any additional income discovered during reassessment should be linked to the original item in question. The order was pronounced on July 11, 2023. en-us Tue, 11 Jul 2023 00:00:00 +0530 Fri, 14 Jul 2023 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440334 The Tribunal allowed the appeal, ruling that if no addition is made on the item for which the assessment was reopened, no further addition can be justified. The Tribunal deleted the additional income added by the Assessing Officer, amounting to Rs. 5,35,262/-. Precedents from various High Courts supported this legal principle, emphasizing that any additional income discovered during reassessment should be linked to the original item in question. The order was pronounced on July 11, 2023. Case-Laws Income Tax Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440334