If no additions made on grounds of reassessment, than no addition can be made on other aspects

CA Prarthana Jalan Hon’ble Agra ITAT has held that If no additions made on grounds set for reasons for reassessment, than no addition can be made on other aspects The legal position is fairly well settled on the issue that in a reassessment proceeding, when no additions are made in respect of the income, purportedly escaping the  assessment, set out in the reasons for re-opening the assessment, no other additions can be made either. As a matter of fact, the very reassessment fails in such a situation. The underlying principle is not difficult to fathom. The re-assessment proceedings ar...