https://www.taxtmi.com/caselaws?id=38510 The court held that the Income-tax Officer exceeded his authority by adding income from a new source during reassessment, as his power of enhancement was limited to existing income sources. Referring to a previous case, the court emphasized that introducing new sources of income for enhancement was not permissible. Therefore, the reassessment amount could not be challenged, and the assessee was not entitled to the benefits of intangible additions. The first question was answered in favor of the assessee, and the second question did not arise. No costs were awarded in this matter. en-us Wed, 20 Oct 1976 00:00:00 +0530 Tue, 06 Apr 2010 17:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38510 The court held that the Income-tax Officer exceeded his authority by adding income from a new source during reassessment, as his power of enhancement was limited to existing income sources. Referring to a previous case, the court emphasized that introducing new sources of income for enhancement was not permissible. Therefore, the reassessment amount could not be challenged, and the assessee was not entitled to the benefits of intangible additions. The first question was answered in favor of the assessee, and the second question did not arise. No costs were awarded in this matter. Case-Laws Income Tax Wed, 20 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38510