https://www.taxtmi.com/caselaws?id=797093 Reassessment cannot be initiated on transactions already scrutinised in the original assessment merely by revisiting the same material. The original scrutiny examined purchases from high-risk billers, GST reconciliations, supplier confirmations, bank-payment evidence and books of account, rejected the books, and estimated net profit on total sales. As the alleged escaped income was subsumed within that assessment, reopening represented an impermissible change of opinion. The reassessment initiation was therefore invalid. en-us Tue, 04 Aug 2026 00:00:00 +0530 Mon, 17 Aug 2026 08:38:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797093 Reassessment cannot be initiated on transactions already scrutinised in the original assessment merely by revisiting the same material. The original scrutiny examined purchases from high-risk billers, GST reconciliations, supplier confirmations, bank-payment evidence and books of account, rejected the books, and estimated net profit on total sales. As the alleged escaped income was subsumed within that assessment, reopening represented an impermissible change of opinion. The reassessment initiation was therefore invalid. Case-Laws Income Tax Tue, 04 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797093