https://www.taxtmi.com/caselaws?id=786778 Reopening assessments must be founded on an independent formation of belief supported by assessee-specific material; where reasons reproduce generalized or third-party investigation labels without dates, transactions, bank entries or documents linking the assessee, the reopening is vitiated as borrowed satisfaction and invalid. Likewise, additions as unexplained money require evidence of possession, receipt or ownership and an evidentiary nexus against the assessee; absent bank entries, seized documents or transaction trail, an addition under unexplained-money principles cannot be sustained and must be deleted. The appeal is allowed and the assessment set aside on these grounds. en-us Fri, 13 Feb 2026 00:00:00 +0530 Thu, 19 Feb 2026 07:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786778 Reopening assessments must be founded on an independent formation of belief supported by assessee-specific material; where reasons reproduce generalized or third-party investigation labels without dates, transactions, bank entries or documents linking the assessee, the reopening is vitiated as borrowed satisfaction and invalid. Likewise, additions as unexplained money require evidence of possession, receipt or ownership and an evidentiary nexus against the assessee; absent bank entries, seized documents or transaction trail, an addition under unexplained-money principles cannot be sustained and must be deleted. The appeal is allowed and the assessment set aside on these grounds. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786778