https://www.taxtmi.com/caselaws?id=263981 The Tribunal allowed the assessee's appeal, holding that the Assessing Officer's failure to address objections regarding the validity of the re-opening rendered the reassessment invalid. The Tribunal emphasized the mandatory requirement for the Assessing Officer to consider and dispose of objections before finalizing reassessment. Consequently, the discussion on the correctness of the depreciation rate on the dumper vehicle became irrelevant, and the assessee succeeded on the first issue, making the second ground on merits immaterial. en-us Wed, 26 Aug 2015 00:00:00 +0530 Tue, 15 Sep 2015 07:14:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263981 The Tribunal allowed the assessee's appeal, holding that the Assessing Officer's failure to address objections regarding the validity of the re-opening rendered the reassessment invalid. The Tribunal emphasized the mandatory requirement for the Assessing Officer to consider and dispose of objections before finalizing reassessment. Consequently, the discussion on the correctness of the depreciation rate on the dumper vehicle became irrelevant, and the assessee succeeded on the first issue, making the second ground on merits immaterial. Case-Laws Income Tax Wed, 26 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263981