https://www.taxtmi.com/caselaws?id=466865 Reassessment under section 147 is confined to the specific escapement for which reasons were recorded; where reopening was justified by unexplained sales, making additions on unrelated unexplained sundry creditors exceeds the authorised scope and is impermissible. The correct legal position requires fresh recorded reasons before reopening or assessing items not encompassed by the original reasons to believe. Consequently, additions made on sundry creditors that do not relate to the recorded grounds must be deleted and the taxpayer's appeals allowed. en-us Tue, 04 Feb 2025 00:00:00 +0530 Mon, 23 Feb 2026 19:00:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466865 Reassessment under section 147 is confined to the specific escapement for which reasons were recorded; where reopening was justified by unexplained sales, making additions on unrelated unexplained sundry creditors exceeds the authorised scope and is impermissible. The correct legal position requires fresh recorded reasons before reopening or assessing items not encompassed by the original reasons to believe. Consequently, additions made on sundry creditors that do not relate to the recorded grounds must be deleted and the taxpayer's appeals allowed. Case-Laws Income Tax Tue, 04 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466865