https://www.taxtmi.com/caselaws?id=471406 Reassessment initiated to verify the source of investment in immovable property cannot support an addition on a separate issue where the disclosed source is accepted and no income is assessed on the recorded reopening ground. An addition for the difference between stamp-duty value and actual purchase consideration under Section 56(2)(vii)(b) was therefore deleted. The reassessment scope remained tied to the issue forming the basis for reopening, preventing a surviving addition based solely on stamp-duty valuation differences. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 01 Sep 2026 19:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471406 Reassessment initiated to verify the source of investment in immovable property cannot support an addition on a separate issue where the disclosed source is accepted and no income is assessed on the recorded reopening ground. An addition for the difference between stamp-duty value and actual purchase consideration under Section 56(2)(vii)(b) was therefore deleted. The reassessment scope remained tied to the issue forming the basis for reopening, preventing a surviving addition based solely on stamp-duty valuation differences. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471406