https://www.taxtmi.com/caselaws?id=795705 Reassessment cannot sustain a disallowance unrelated to the recorded reopening reason when no addition is made on the income alleged to have escaped assessment. Where reopening was based on alleged non-accounting of the variable component of professional fees payable to doctors, but the reassessment made only an interest-expenditure disallowance, binding jurisdictional precedent permits assessment of other escaped income only after an addition on the recorded issue. The unrelated interest disallowance therefore could not be sustained, rendering the reassessment invalid. en-us Tue, 21 Jul 2026 00:00:00 +0530 Sat, 25 Jul 2026 08:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795705 Reassessment cannot sustain a disallowance unrelated to the recorded reopening reason when no addition is made on the income alleged to have escaped assessment. Where reopening was based on alleged non-accounting of the variable component of professional fees payable to doctors, but the reassessment made only an interest-expenditure disallowance, binding jurisdictional precedent permits assessment of other escaped income only after an addition on the recorded issue. The unrelated interest disallowance therefore could not be sustained, rendering the reassessment invalid. Case-Laws Income Tax Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795705