https://www.taxtmi.com/caselaws?id=330407 The Tribunal held that the Assessing Officer's failure to pass a separate speaking order addressing the objections raised by the assessee, coupled with the absence of new tangible material, invalidated the reassessment under section 147. Consequently, the reassessment order was quashed, and the assessee's appeal was allowed. The Tribunal did not address the issue of the addition of advance license value as the reopening order was annulled. en-us Wed, 13 Jul 2016 00:00:00 +0530 Mon, 25 Jul 2016 11:46:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330407 The Tribunal held that the Assessing Officer's failure to pass a separate speaking order addressing the objections raised by the assessee, coupled with the absence of new tangible material, invalidated the reassessment under section 147. Consequently, the reassessment order was quashed, and the assessee's appeal was allowed. The Tribunal did not address the issue of the addition of advance license value as the reopening order was annulled. Case-Laws Income Tax Wed, 13 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330407