https://www.taxtmi.com/caselaws?id=797858 Section 148A(1) requires disclosure of information suggesting escaped income, but not the source from which that information was obtained; a notice and annexure sufficiently identifying the proposed reassessment basis enable an effective response. A determination under Section 148A(3) must nevertheless examine an assessee's material claim that the income proposed for reassessment was already included and taxed in an earlier assessment year. Addressing only the abstract taxability of the amount, without verifying prior inclusion from available returns and supporting material, is insufficient and vitiates the reassessment decision-making process. en-us Thu, 23 Jul 2026 00:00:00 +0530 Fri, 28 Aug 2026 20:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797858 Section 148A(1) requires disclosure of information suggesting escaped income, but not the source from which that information was obtained; a notice and annexure sufficiently identifying the proposed reassessment basis enable an effective response. A determination under Section 148A(3) must nevertheless examine an assessee's material claim that the income proposed for reassessment was already included and taxed in an earlier assessment year. Addressing only the abstract taxability of the amount, without verifying prior inclusion from available returns and supporting material, is insufficient and vitiates the reassessment decision-making process. Case-Laws Income Tax Thu, 23 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797858