https://www.taxtmi.com/caselaws?id=798480 Fresh assessments required after remand, with reconsideration after giving the taxpayer an opportunity, fall within the limitation framework for fresh assessment or reassessment rather than the separate period for merely giving effect to appellate directions. Unsupported foreign currency may be treated as unexplained money where explanations of its source and purpose are contradictory and lack documentary support, including proof of acquisition from authorised dealers. Foreign-exchange confiscation proceedings concerning unlawful retention do not establish the currency's source for income-tax purposes, and an offsetting expenditure claim does not displace unexplained-money treatment. en-us Wed, 19 Aug 2026 00:00:00 +0530 Tue, 08 Sep 2026 08:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798480 Fresh assessments required after remand, with reconsideration after giving the taxpayer an opportunity, fall within the limitation framework for fresh assessment or reassessment rather than the separate period for merely giving effect to appellate directions. Unsupported foreign currency may be treated as unexplained money where explanations of its source and purpose are contradictory and lack documentary support, including proof of acquisition from authorised dealers. Foreign-exchange confiscation proceedings concerning unlawful retention do not establish the currency's source for income-tax purposes, and an offsetting expenditure claim does not displace unexplained-money treatment. Case-Laws Income Tax Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798480