https://www.taxtmi.com/caselaws?id=783184 ITAT Delhi (AT) held the reassessment u/s 147 r.w.s. 148 invalid where the original addition, based on reasons recorded for reopening (alleged bogus LTCG), was deleted on merits. Relying on the Third Member decision in a connected case and following Jet Airways and ATS Infrastructure, the Tribunal ruled that once the foundation addition linked to the recorded reasons fails, other additions not forming part of the original reasons (including those u/s 69A and relating to loans and alleged accommodation entries) cannot be sustained, resulting in deletion of all such additions. en-us Fri, 28 Nov 2025 00:00:00 +0530 Thu, 11 Dec 2025 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783184 ITAT Delhi (AT) held the reassessment u/s 147 r.w.s. 148 invalid where the original addition, based on reasons recorded for reopening (alleged bogus LTCG), was deleted on merits. Relying on the Third Member decision in a connected case and following Jet Airways and ATS Infrastructure, the Tribunal ruled that once the foundation addition linked to the recorded reasons fails, other additions not forming part of the original reasons (including those u/s 69A and relating to loans and alleged accommodation entries) cannot be sustained, resulting in deletion of all such additions. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783184