https://www.taxtmi.com/caselaws?id=800237 Reassessment cannot be used to review foreign-remittance deductions already examined in the original assessment on the same disclosed material, without new tangible material indicating escaped income; reopening on that basis is invalid as a change of opinion. A pending appeal concerning tax-deduction default proceedings does not bar a reassessment disallowance, because those proceedings concern tax collection while disallowance concerns income computation. The same expenditure cannot be disallowed twice, requiring verification of alleged arithmetical errors, including tax-deducted amounts and expense reversals. Claimed carry-forward losses also require verification against assessment records before determination. en-us Mon, 28 Sep 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800237 Reassessment cannot be used to review foreign-remittance deductions already examined in the original assessment on the same disclosed material, without new tangible material indicating escaped income; reopening on that basis is invalid as a change of opinion. A pending appeal concerning tax-deduction default proceedings does not bar a reassessment disallowance, because those proceedings concern tax collection while disallowance concerns income computation. The same expenditure cannot be disallowed twice, requiring verification of alleged arithmetical errors, including tax-deducted amounts and expense reversals. Claimed carry-forward losses also require verification against assessment records before determination. Case-Laws Income Tax Mon, 28 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800237