S. 147: Reassessment-Change of opinion-No fresh tangible material-Reopening invalid [S.2(47)(vi), 37(1)]

S. 147: Reassessment-Information derived from a search on another person-Reassessment under S. 147 is valid in the absence of seized material.[S.132, 153C]

S. 147: Reassessment-Limitation:Notice issued beyond the statutory period is invalid where the assessee had made full and true disclosure of all material facts; reopening beyond three years is also barred where the alleged escaped income is below ₹50 lakh. [148, 149(1)(a)]

S. 147: Reassessment-Search cases-Mechanical approval-After a search, assessment for the preceding years must necessarily be framed under section 148 and not under section 143(3); mechanical approval without application of mind vitiates the assessment. [S. 132, 143(3), 148, 148A. 151]

S. 145: Method of accounting-Books of account not rejected-Enhancement of net profit-Addition was deleted.[S. 145(3)]

S. 143(3): Assessment-Limited scrutiny-AO cannot travel beyond the scope of limited scrutiny without converting it into complete scrutiny-Capital gains-Investment in a residential house-Exemption under section 54F could not be denied merely because construction was completed after three years.[S. 45, 54F]

S. 143(3): Assessment-Unaccounted Production-Electricity consumption alone cannot justify an addition.[S. 69]

S. 143(3): Assessment-Valid DIN-Assessment order without assessee’s name or PAN-Omission cannot invalidate the assessment-Protected by section 292B [S.11, 156, 292B]

S. 143(2): Assessment-Notice-Jurisdiction-Notice under section 143(2) issued by a non-jurisdictional Assessing Officer is void. [S. 127, 143(3)]

S. 143(1: Assessment-Intimation-Prima facie adjustment-GST refund-Matter remanded for verification. [S. 143(1)(a)]