https://www.taxtmi.com/caselaws?id=265518 The Tribunal ruled in favor of the Assessee in appeals challenging the validity of reassessment under section 147 and disallowances of expenses for A.Y. 2000-01 & 2001-02. The Tribunal held that the Assessing Officer must decide Assessee's objections separately before passing the assessment order. As the A.O failed to comply, the assessment order was quashed, and Assessee's appeals were allowed. The disallowances of expenses were not addressed on merits due to procedural irregularities. Consequently, the reassessment proceedings were deemed invalid, leading to the quashing of the assessment order and allowing the Assessee's appeals for both assessment years. en-us Tue, 05 Aug 2014 00:00:00 +0530 Tue, 13 Oct 2015 06:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265518 The Tribunal ruled in favor of the Assessee in appeals challenging the validity of reassessment under section 147 and disallowances of expenses for A.Y. 2000-01 & 2001-02. The Tribunal held that the Assessing Officer must decide Assessee's objections separately before passing the assessment order. As the A.O failed to comply, the assessment order was quashed, and Assessee's appeals were allowed. The disallowances of expenses were not addressed on merits due to procedural irregularities. Consequently, the reassessment proceedings were deemed invalid, leading to the quashing of the assessment order and allowing the Assessee's appeals for both assessment years. Case-Laws Income Tax Tue, 05 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265518