https://www.taxtmi.com/caselaws?id=782382 ITAT Mumbai-AT held that the reassessment initiated under section 148 was invalid. In the original assessment, the AO had already examined the same expenses and estimated profit at 8% of gross receipts under section 44AD, adding it to the assessee's income. The subsequent reopening was based on identical reasons, without any fresh tangible material, and sought to disallow 25% of expenses. Relying on binding HC and SC precedent, the Tribunal ruled that such reopening amounted to a review of an earlier view and was unsustainable in law. en-us Wed, 26 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 08:24:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782382 ITAT Mumbai-AT held that the reassessment initiated under section 148 was invalid. In the original assessment, the AO had already examined the same expenses and estimated profit at 8% of gross receipts under section 44AD, adding it to the assessee's income. The subsequent reopening was based on identical reasons, without any fresh tangible material, and sought to disallow 25% of expenses. Relying on binding HC and SC precedent, the Tribunal ruled that such reopening amounted to a review of an earlier view and was unsustainable in law. Case-Laws Income Tax Wed, 26 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782382