https://www.taxtmi.com/caselaws?id=800331 Reassessment initiated on information about interest income cannot be sustained where no addition is made on that recorded ground and the resulting addition concerns alleged unexplained bank credits. An addition on a different issue, without any addition for the reason recorded to reopen the assessment, renders the reassessment and consequential addition unsustainable. en-us Wed, 23 Sep 2026 00:00:00 +0530 Mon, 05 Oct 2026 08:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800331 Reassessment initiated on information about interest income cannot be sustained where no addition is made on that recorded ground and the resulting addition concerns alleged unexplained bank credits. An addition on a different issue, without any addition for the reason recorded to reopen the assessment, renders the reassessment and consequential addition unsustainable. Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800331