https://www.taxtmi.com/caselaws?id=463903 Where no incriminating material is found, additions under s.68/69C and reassessments invoked via s.153A cannot be made against a completed assessment; the AO lacks jurisdiction to reopen such assessments absent new incriminating evidence. The SC endorsed the HC's approach that completed assessments remain immune from additions based solely on allegations of bogus LTCG or related expenses unless specific incriminating material justifies reopening, and directed that substantial questions of law be framed accordingly. en-us Thu, 04 May 2023 00:00:00 +0530 Sun, 21 Sep 2025 00:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463903 Where no incriminating material is found, additions under s.68/69C and reassessments invoked via s.153A cannot be made against a completed assessment; the AO lacks jurisdiction to reopen such assessments absent new incriminating evidence. The SC endorsed the HC's approach that completed assessments remain immune from additions based solely on allegations of bogus LTCG or related expenses unless specific incriminating material justifies reopening, and directed that substantial questions of law be framed accordingly. Case-Laws Income Tax Thu, 04 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463903