Tag Archives: Maharana Pratap Polytechnic Society

Reassessment order is invalid as a mere change of opinion on already examined cash deposits.

By | July 4, 2026

Reassessment order is invalid as a mere change of opinion on already examined cash deposits. Issue Whether the reassessment proceedings and subsequent addition under section 69A of the Income-tax Act, 1961 were valid when the specific issue of cash deposits had already been examined and accepted during the original assessment under section 143(3). Facts For… Read More »