https://www.taxtmi.com/caselaws?id=800599 Modified returns furnished after a business reorganisation, where no assessment or reassessment proceeding is pending, permit only modification of total income already determined to implement the reorganisation order. Such returns do not operate as returns under Section 139 capable of triggering fresh scrutiny under Section 143(2). Section 170A distinguishes completed assessments from pending proceedings: Section 170A(2)(a) applies to completed assessments, while Section 170A(2)(b) permits assessment or reassessment only where proceedings remain pending. Section 170A(3) does not expand jurisdiction. Verification may be limited to ensuring proper implementation, but de novo scrutiny and consequential transfer-pricing proceedings lack jurisdiction. en-us Mon, 28 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800599 Modified returns furnished after a business reorganisation, where no assessment or reassessment proceeding is pending, permit only modification of total income already determined to implement the reorganisation order. Such returns do not operate as returns under Section 139 capable of triggering fresh scrutiny under Section 143(2). Section 170A distinguishes completed assessments from pending proceedings: Section 170A(2)(a) applies to completed assessments, while Section 170A(2)(b) permits assessment or reassessment only where proceedings remain pending. Section 170A(3) does not expand jurisdiction. Verification may be limited to ensuring proper implementation, but de novo scrutiny and consequential transfer-pricing proceedings lack jurisdiction. Case-Laws Income Tax Mon, 28 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800599