https://www.taxtmi.com/caselaws?id=787777 Reassessment initiated for alleged unsubstantiated related party payments was limited to that specific escaped income; the AO accepted the returned income on that issue and therefore lacked jurisdiction to compute and assess deemed income under the Minimum Alternate Tax in the same proceedings without issuing a fresh notice directed to that income. The ITAT held the MAT computation in reassessment to be beyond the scope of the original reopening and quashed the section 115JB assessment, allowing the appeal and granting relief to the assessee. en-us Fri, 13 Feb 2026 00:00:00 +0530 Thu, 12 Mar 2026 08:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787777 Reassessment initiated for alleged unsubstantiated related party payments was limited to that specific escaped income; the AO accepted the returned income on that issue and therefore lacked jurisdiction to compute and assess deemed income under the Minimum Alternate Tax in the same proceedings without issuing a fresh notice directed to that income. The ITAT held the MAT computation in reassessment to be beyond the scope of the original reopening and quashed the section 115JB assessment, allowing the appeal and granting relief to the assessee. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787777