https://www.taxtmi.com/caselaws?id=789515 Reopening of assessment based solely on an earlier disallowance cannot stand where the appellate authority had already allowed the same deduction for the prior year. In relation to the residential project Venus Parkland, the High Court held that the Assessing Officer could not assume jurisdiction under section 147 merely on the basis of the earlier disallowance once that view had been overturned in appeal, and the notice under section 148 was without lawful foundation. The Supreme Court declined to interfere and dismissed the special leave petition. en-us Tue, 07 Apr 2026 00:00:00 +0530 Thu, 09 Apr 2026 08:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789515 Reopening of assessment based solely on an earlier disallowance cannot stand where the appellate authority had already allowed the same deduction for the prior year. In relation to the residential project Venus Parkland, the High Court held that the Assessing Officer could not assume jurisdiction under section 147 merely on the basis of the earlier disallowance once that view had been overturned in appeal, and the notice under section 148 was without lawful foundation. The Supreme Court declined to interfere and dismissed the special leave petition. Case-Laws Income Tax Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789515