https://www.taxtmi.com/highlights?id=96446 Reopening of assessment was valid where specific information and documentary material, including affidavits and tally entries naming lenders, connected to the AOs independent formation of belief that income had escaped assessment, establishing a live link and satisfying the tangible material requirement for initiating proceedings; therefore reassessment jurisdiction was sustained. Separately, denial of opportunity to cross-examine a witness whose statement formed the basis of additions violated principles of natural justice; the impugned appellate order is set aside on that issue and the matter is remitted with direction to permit cross-examination. en-us Fri, 30 Jan 2026 09:22:24 +0530 Fri, 30 Jan 2026 09:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96446 Reopening of assessment was valid where specific information and documentary material, including affidavits and tally entries naming lenders, connected to the AOs independent formation of belief that income had escaped assessment, establishing a live link and satisfying the tangible material requirement for initiating proceedings; therefore reassessment jurisdiction was sustained. Separately, denial of opportunity to cross-examine a witness whose statement formed the basis of additions violated principles of natural justice; the impugned appellate order is set aside on that issue and the matter is remitted with direction to permit cross-examination. Highlights Income Tax Fri, 30 Jan 2026 09:22:24 +0530 https://www.taxtmi.com/highlights?id=96446