https://www.taxtmi.com/caselaws?id=769447 A regular assessment under section 143(3) was held invalid where the facts showed a requisition relating to seized cash, because the matter should have been dealt with, if at all, under the search-related or reassessment framework. The Tribunal found that reliance on cited authorities did not cure the jurisdictional defect in using the regular assessment provision on those facts. The assessment was therefore quashed, and the addition for unexplained money, together with the remaining grounds, became academic. en-us Wed, 23 Apr 2025 00:00:00 +0530 Fri, 25 Apr 2025 08:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769447 A regular assessment under section 143(3) was held invalid where the facts showed a requisition relating to seized cash, because the matter should have been dealt with, if at all, under the search-related or reassessment framework. The Tribunal found that reliance on cited authorities did not cure the jurisdictional defect in using the regular assessment provision on those facts. The assessment was therefore quashed, and the addition for unexplained money, together with the remaining grounds, became academic. Case-Laws Income Tax Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769447