S. 147: Reassessment Notice-Failure to issue notice-Reassessment void-Issue of notice prior to filing return of no avail. [S. 143(2) 148, 292BB]

S. 147 : Reassessment-No new material-Cash credits-Income from undisclosed source-Assessee borrowed money from friends and relatives-No evidence to show the receipts as bogus-Reassessment was quashed. [S.68, 148]

S. 147 : Reassessment-Unsecured loans-Accommodation entries-In reasons recorded, name of assessee and person from whom bogus accommodation entry different-Name of party and Permanent Account Number in information received also different-Reassessment not valid-Addition as cash credit was deleted. [S. 68, 133(6), 148]

S. 147 : Reassessment-Not made any addition pertaining to three-folded reasons for reopening the assessment-Cash credits-Reassessment order is bad in law.[S. 68, 148, 254(1)]

S. 147 : Reassessment-Best Judgment Assessment-Natural justice-Notice issued u/s 143(2)-Assessee was out of station-Not attended-Order was passed under section 144-Matter remanded for re-adjudication. [S.50C, 143(2),144, 148]

S. 147 : Reassessment-With in four years-Subsequent decision of High Court-Reassessment is valid [S. 148]

S. 147 : Reassessment-With in four years-Assessment year 2005-06 was the initial assessment year-Substantial expansion-No suppression of material-Reassessment is held to be bad in law [S. 80IC, 143(3), 148]

S. 147 : Reassessment-Setting aside Tribunal’s order by high court revives appeal from date of inception-Jurisdiction open to question as matter not final. [S. 144C]

S. 147 : Reassessment-Information relating to cash deposit and purchase of property-Addition was made on account of expenditure-Reasons for initiation of reassessment proceedings ceased to survive-Reassessment is bad in law.[S. 37(1), 148]

S. 147 : Reassessment-No addition was made on grounds on which notice is issued-Other additions do not survive-Reassessment was quashed. [S. 92C, 133A, 148]