https://www.taxtmi.com/caselaws?id=470875 Explanation 2(1) to Section 147 applies only where an assessee has not furnished a return despite having taxable income above the maximum amount not chargeable to tax. Where the assessment record shows that a return was filed for the relevant assessment year, invoking that Explanation is inapplicable. Reliance on an inapplicable provision renders the recorded reasons for reopening and the consequential reassessment jurisdictionally defective, resulting in the reassessment being void ab initio and liable to be quashed. en-us Thu, 27 Mar 2025 00:00:00 +0530 Tue, 11 Aug 2026 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470875 Explanation 2(1) to Section 147 applies only where an assessee has not furnished a return despite having taxable income above the maximum amount not chargeable to tax. Where the assessment record shows that a return was filed for the relevant assessment year, invoking that Explanation is inapplicable. Reliance on an inapplicable provision renders the recorded reasons for reopening and the consequential reassessment jurisdictionally defective, resulting in the reassessment being void ab initio and liable to be quashed. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470875