Addition of income not connected with recorded reasons for reassessment proceedings is erred in law

Abdul Rashid Sofi C/o Peer & Co. Vs ITO (ITAT Amritsar)

ITAT Amritsar held that reassessment proceedings initiated on recorded reasons on belief that the specific income has escaped assessment, however, addition on some other income not having any connection with the recorded reason is erred in law.

Facts-

The assessee’ s case is reopened u/s 148 of the Act on the ground that the assessee is one of the settlers of M/s Mars Educatio

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