https://www.taxtmi.com/caselaws?id=800233 Reassessment under sections 147, 148 and 148A requires credible information with a live link to alleged income escapement and independent application of mind. An anonymous, unverified tax-evasion petition alleging undisclosed immovable-property investment cannot meet that jurisdictional threshold where it lacks particulars of the properties, valuation, acquisition, payment source, or investment beyond recorded books. Independent material is necessary to convert vague allegations into credible grounds for reopening; absent it, reassessment initiation and consequential assessment are invalid. en-us Fri, 25 Sep 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800233 Reassessment under sections 147, 148 and 148A requires credible information with a live link to alleged income escapement and independent application of mind. An anonymous, unverified tax-evasion petition alleging undisclosed immovable-property investment cannot meet that jurisdictional threshold where it lacks particulars of the properties, valuation, acquisition, payment source, or investment beyond recorded books. Independent material is necessary to convert vague allegations into credible grounds for reopening; absent it, reassessment initiation and consequential assessment are invalid. Case-Laws Income Tax Fri, 25 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800233