https://www.taxtmi.com/caselaws?id=472003 Reassessment beyond the normal limitation under Sections 148 and 149 requires assessee-specific material showing escaped income at the prescribed threshold, represented by a qualifying asset, expenditure, or book entry. Pooled seized data relating to group entities, without entity-wise attribution or net-income analysis, does not meet those jurisdictional conditions. Where material is seized from another person, bypassing Section 148A also requires compliance with applicable statutory requirements. Approval under Section 151 must be independently considered rather than mechanical. Reopening after prior proceedings were closed on the same material requires fresh information; otherwise, the renewed notice lacks jurisdiction. en-us Wed, 24 Sep 2025 00:00:00 +0530 Fri, 25 Sep 2026 20:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472003 Reassessment beyond the normal limitation under Sections 148 and 149 requires assessee-specific material showing escaped income at the prescribed threshold, represented by a qualifying asset, expenditure, or book entry. Pooled seized data relating to group entities, without entity-wise attribution or net-income analysis, does not meet those jurisdictional conditions. Where material is seized from another person, bypassing Section 148A also requires compliance with applicable statutory requirements. Approval under Section 151 must be independently considered rather than mechanical. Reopening after prior proceedings were closed on the same material requires fresh information; otherwise, the renewed notice lacks jurisdiction. Case-Laws Income Tax Wed, 24 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472003