https://www.taxtmi.com/caselaws?id=801077 Reassessment for alleged escaped income requires the Assessing Officer to identify the proposed addition in the notice under Section 148A(b), obtain prescribed approval, consider the taxpayer's response, and issue an order under Section 148A(d) before reopening. Where a proposed cash-deposit addition was considered and dropped after accepting the explanation, a later cash-deposit addition not identified in the notice or statutory order and lacking specified-authority approval failed to satisfy the mandatory procedure. The unsupported reassessment addition was therefore deleted. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801077 Reassessment for alleged escaped income requires the Assessing Officer to identify the proposed addition in the notice under Section 148A(b), obtain prescribed approval, consider the taxpayer's response, and issue an order under Section 148A(d) before reopening. Where a proposed cash-deposit addition was considered and dropped after accepting the explanation, a later cash-deposit addition not identified in the notice or statutory order and lacking specified-authority approval failed to satisfy the mandatory procedure. The unsupported reassessment addition was therefore deleted. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801077