https://www.taxtmi.com/caselaws?id=773208 The ITAT PUNE held that reassessment proceedings u/s 147 were invalid where the AO made additions on grounds different from those stated in the original notice. Following Jet Airways precedent, the AO cannot independently assess other income after accepting the assessee's explanation for the original reason without issuing a fresh notice u/s 148. The assessment order was quashed as bad in law. Additionally, the tribunal allowed deduction u/s 80P despite non-filing of return, ruling that section 80A(5) was incorrectly invoked and section 80AC was not applicable for AY 2012-13. en-us Mon, 16 Jun 2025 00:00:00 +0530 Thu, 19 Jun 2025 08:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773208 The ITAT PUNE held that reassessment proceedings u/s 147 were invalid where the AO made additions on grounds different from those stated in the original notice. Following Jet Airways precedent, the AO cannot independently assess other income after accepting the assessee's explanation for the original reason without issuing a fresh notice u/s 148. The assessment order was quashed as bad in law. Additionally, the tribunal allowed deduction u/s 80P despite non-filing of return, ruling that section 80A(5) was incorrectly invoked and section 80AC was not applicable for AY 2012-13. Case-Laws Income Tax Mon, 16 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773208