Reassessment quashed as Assessing Officer failed to pass mandatory separate speaking order disposing objections.
Reassessment quashed as Assessing Officer failed to pass mandatory separate speaking order disposing objections. Issue Whether a reassessment order passed under Section 147 read with Section 144B is legally valid when the Assessing Officer fails to pass a separate speaking order disposing of the assessee’s objections before proceeding with the reassessment. Facts Background & Reopening:… Read More »