https://www.taxtmi.com/caselaws?id=789853 Reassessment under Section 148 requires prima facie material with a discernible nexus to the assessee, even at the notice stage. Where the reopening rested on a seized inquiry register entry from third-party search proceedings that referred to other land transactions, did not name the assessee, and did not show any direct or indirect connection with the assessee's agricultural land purchase, the material was treated as vague and unspecific. The reassessment notice and the consequential reassessment order were therefore unsustainable and were quashed in favour of the assessee. en-us Thu, 09 Apr 2026 00:00:00 +0530 Wed, 15 Apr 2026 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789853 Reassessment under Section 148 requires prima facie material with a discernible nexus to the assessee, even at the notice stage. Where the reopening rested on a seized inquiry register entry from third-party search proceedings that referred to other land transactions, did not name the assessee, and did not show any direct or indirect connection with the assessee's agricultural land purchase, the material was treated as vague and unspecific. The reassessment notice and the consequential reassessment order were therefore unsustainable and were quashed in favour of the assessee. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789853