https://www.taxtmi.com/highlights?id=99907 Where reassessment was triggered by documents found in a search on a third party, the Revenue had to proceed under the special search-assessment mechanism for "other person" cases and could not invoke general reassessment under section 147 on the same material. The Tribunal held that assumption of jurisdiction under section 147 was invalid because the very basis of action arose from third-party search material, and the reassessment was therefore vitiated. The remaining grounds were treated as academic, and the reassessment proceedings were quashed. en-us Tue, 19 May 2026 08:18:20 +0530 Tue, 19 May 2026 08:18:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99907 Where reassessment was triggered by documents found in a search on a third party, the Revenue had to proceed under the special search-assessment mechanism for "other person" cases and could not invoke general reassessment under section 147 on the same material. The Tribunal held that assumption of jurisdiction under section 147 was invalid because the very basis of action arose from third-party search material, and the reassessment was therefore vitiated. The remaining grounds were treated as academic, and the reassessment proceedings were quashed. Highlights Income Tax Tue, 19 May 2026 08:18:20 +0530 https://www.taxtmi.com/highlights?id=99907