https://www.taxtmi.com/caselaws?id=796314 Reassessment cannot support additions unrelated to the income alleged to have escaped assessment in the recorded reasons when no addition is made on that foundational issue. Recorded reasons concerned alleged capital gains from land sale, but the reassessment added unexplained money. Reliance solely on Insight Portal information without independent verification was insufficient, particularly where underlying receipts and statements were unavailable, not supplied to the assessee, and could not be cross-examined. Inconsistent versions of the alleged sale consideration further undermined the material. The reassessment was therefore quashed. en-us Wed, 15 Jul 2026 00:00:00 +0530 Tue, 04 Aug 2026 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796314 Reassessment cannot support additions unrelated to the income alleged to have escaped assessment in the recorded reasons when no addition is made on that foundational issue. Recorded reasons concerned alleged capital gains from land sale, but the reassessment added unexplained money. Reliance solely on Insight Portal information without independent verification was insufficient, particularly where underlying receipts and statements were unavailable, not supplied to the assessee, and could not be cross-examined. Inconsistent versions of the alleged sale consideration further undermined the material. The reassessment was therefore quashed. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796314