https://www.taxtmi.com/caselaws?id=795766 Reassessment after four years from a scrutiny assessment under Section 143(3) requires escaped income to result from the assessee's failure to disclose fully and truly all material facts. Where the property sale, stated consideration, stamp-duty valuation, and explanation were specifically examined and furnished in the original scrutiny, reopening cannot rest on a reassessment of the same material or a later view on Section 50C. In the absence of any identified non-disclosure, the reassessment notice was invalid. en-us Tue, 14 Jul 2026 00:00:00 +0530 Mon, 27 Jul 2026 08:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795766 Reassessment after four years from a scrutiny assessment under Section 143(3) requires escaped income to result from the assessee's failure to disclose fully and truly all material facts. Where the property sale, stated consideration, stamp-duty valuation, and explanation were specifically examined and furnished in the original scrutiny, reopening cannot rest on a reassessment of the same material or a later view on Section 50C. In the absence of any identified non-disclosure, the reassessment notice was invalid. Case-Laws Income Tax Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795766