https://www.taxtmi.com/caselaws?id=775517 The ITAT DELHI held that the AO exceeded jurisdiction by making additions unrelated to the reasons recorded for reopening the assessment under section 147. Although the AO reopened the case based on unexplained investment in property, no adverse inference or addition was made on that issue. Instead, the AO made additions concerning capital gains and disallowance of interest on home loans, which were not part of the reasons for reopening. Following the principle that the AO cannot assess income beyond the scope of the reasons recorded under section 148, the reassessment order was quashed. The assessee's appeal was allowed. en-us Wed, 23 Jul 2025 00:00:00 +0530 Sat, 26 Jul 2025 08:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775517 The ITAT DELHI held that the AO exceeded jurisdiction by making additions unrelated to the reasons recorded for reopening the assessment under section 147. Although the AO reopened the case based on unexplained investment in property, no adverse inference or addition was made on that issue. Instead, the AO made additions concerning capital gains and disallowance of interest on home loans, which were not part of the reasons for reopening. Following the principle that the AO cannot assess income beyond the scope of the reasons recorded under section 148, the reassessment order was quashed. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 23 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775517