https://www.taxtmi.com/caselaws?id=470439 Reassessment under section 147 cannot sustain additions on issues unrelated to the recorded reason when no addition is made on the income that prompted reopening. Other escaped income discovered during reassessment may be assessed only together with the income forming the basis of the reopening; Explanation 3 does not displace that substantive requirement. Where the recorded issue concerning the source of an immovable-property investment does not survive, disallowance of expenses and unexplained cash credits cannot be independently assessed under the original notice and require a fresh notice. The reassessment and consequential additions were invalid. en-us Tue, 29 Apr 2025 00:00:00 +0530 Mon, 27 Jul 2026 19:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470439 Reassessment under section 147 cannot sustain additions on issues unrelated to the recorded reason when no addition is made on the income that prompted reopening. Other escaped income discovered during reassessment may be assessed only together with the income forming the basis of the reopening; Explanation 3 does not displace that substantive requirement. Where the recorded issue concerning the source of an immovable-property investment does not survive, disallowance of expenses and unexplained cash credits cannot be independently assessed under the original notice and require a fresh notice. The reassessment and consequential additions were invalid. Case-Laws Income Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470439