https://www.taxtmi.com/caselaws?id=795433 Reassessment jurisdiction cannot support a disallowance on an issue unrelated to the recorded reasons when no addition is made on the issue forming the basis for reopening. Where reopening was initiated over cash deposits but the explanation for those deposits was accepted, a disallowance of cash payments under Section 40A(3) on a separate matter could not be sustained. The reassessment and resulting disallowance were void ab initio, favouring the assessee. en-us Tue, 30 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795433 Reassessment jurisdiction cannot support a disallowance on an issue unrelated to the recorded reasons when no addition is made on the issue forming the basis for reopening. Where reopening was initiated over cash deposits but the explanation for those deposits was accepted, a disallowance of cash payments under Section 40A(3) on a separate matter could not be sustained. The reassessment and resulting disallowance were void ab initio, favouring the assessee. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795433