ITAT rules AO loses jurisdiction for further additions once initial cash deposit issue u/s 147 is resolved.

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....The ITAT held that once the AO found the issue of cash deposit into the assessee's bank account, for which reassessment proceedings were initiated u/s 147, was satisfactorily explained, he lost jurisdiction to make any other additions or disallowances. As the reason for reopening the assessment did not subsist, the AO was required to pass a nil order and any further additions made were illegal. Consequently, the other disallowances u/ss 56 and 80P were held unlawful, and the assessee's appeal was allowed.....