https://www.taxtmi.com/caselaws?id=787164 Reopening an assessment beyond the four year period is barred where prior scrutiny under assessment provisions had examined and accepted the assessee's books, invoices, stock records and bank payments, unless there is demonstrable failure by the assessee to disclose fully and truly all material facts; reliance solely on information from other offices or third party statements without independent verification does not meet that threshold, and additions based on alleged bogus purchases unsupported by independent proof or opportunity for cross examination must be deleted - both reopening and addition were set aside in favour of the assessee. en-us Wed, 25 Feb 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787164 Reopening an assessment beyond the four year period is barred where prior scrutiny under assessment provisions had examined and accepted the assessee's books, invoices, stock records and bank payments, unless there is demonstrable failure by the assessee to disclose fully and truly all material facts; reliance solely on information from other offices or third party statements without independent verification does not meet that threshold, and additions based on alleged bogus purchases unsupported by independent proof or opportunity for cross examination must be deleted - both reopening and addition were set aside in favour of the assessee. Case-Laws Income Tax Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787164