https://www.taxtmi.com/caselaws?id=787212 Reopening assessments beyond three years requires the alleged escaped income for the relevant assessment year to exceed the statutory monetary threshold; where the approval records escaped income of Rs. 35,00,000-below the prescribed threshold-the extended limitation under reopening provisions cannot be validly invoked and the notice and consequent assessment are invalidated. The ruling clarifies that absent reliance on any permissible composite or cumulative calculation, a recorded single-year figure below the threshold vitiates jurisdiction to reopen and nullifies the assessment for that year. en-us Fri, 09 Jan 2026 00:00:00 +0530 Sat, 28 Feb 2026 08:41:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787212 Reopening assessments beyond three years requires the alleged escaped income for the relevant assessment year to exceed the statutory monetary threshold; where the approval records escaped income of Rs. 35,00,000-below the prescribed threshold-the extended limitation under reopening provisions cannot be validly invoked and the notice and consequent assessment are invalidated. The ruling clarifies that absent reliance on any permissible composite or cumulative calculation, a recorded single-year figure below the threshold vitiates jurisdiction to reopen and nullifies the assessment for that year. Case-Laws Income Tax Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787212