https://www.taxtmi.com/caselaws?id=775240 A fresh reopening under sections 147 and 148 based on the same bank-account material was not permissible where that material had already formed the basis of an earlier reassessment and the matter had been settled under the Vivad Se Vishwas scheme. The tribunal treated the earlier round as having attained finality on the same accommodation-entry deposits, so the subsequent reassessment was founded on concluded material rather than new reason to believe. The reassessment reopening was therefore held invalid and quashed. en-us Fri, 18 Jul 2025 00:00:00 +0530 Tue, 22 Jul 2025 08:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775240 A fresh reopening under sections 147 and 148 based on the same bank-account material was not permissible where that material had already formed the basis of an earlier reassessment and the matter had been settled under the Vivad Se Vishwas scheme. The tribunal treated the earlier round as having attained finality on the same accommodation-entry deposits, so the subsequent reassessment was founded on concluded material rather than new reason to believe. The reassessment reopening was therefore held invalid and quashed. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775240