https://www.taxtmi.com/caselaws?id=236726 Reassessment proceedings require the Assessing Officer to supply the recorded reasons on request, invite objections, and dispose of those objections by a speaking order before completing the reassessment. Where that procedure is not followed, the reopening cannot be sustained as completed. A separate addition for alleged suppression of sales must rest on independent factual enquiry and proper verification of invoice material; reliance only on excise proceedings or a settlement order, without examining the different invoices or giving the assessee a fair opportunity to explain them, leaves the factual foundation incomplete. The matter was therefore restored for fresh adjudication on both reopening and quantum after compliance with the prescribed procedure and independent enquiry. en-us Fri, 21 Jun 2013 00:00:00 +0530 Fri, 06 Sep 2013 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236726 Reassessment proceedings require the Assessing Officer to supply the recorded reasons on request, invite objections, and dispose of those objections by a speaking order before completing the reassessment. Where that procedure is not followed, the reopening cannot be sustained as completed. A separate addition for alleged suppression of sales must rest on independent factual enquiry and proper verification of invoice material; reliance only on excise proceedings or a settlement order, without examining the different invoices or giving the assessee a fair opportunity to explain them, leaves the factual foundation incomplete. The matter was therefore restored for fresh adjudication on both reopening and quantum after compliance with the prescribed procedure and independent enquiry. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236726