https://www.taxtmi.com/caselaws?id=342986 The ITAT quashed the reassessment orders as the Assessing Officer failed to comply with mandatory provisions and Tribunal directions, rendering the reassessment invalid. The reassessment proceedings were deemed academic, and additions were deleted for assessment years 2003-04 and 2004-05. The ITAT stressed the importance of addressing objections raised by the assessee before making assessments under section 147 of the Income Tax Act, following precedents like M/s. S. Power Pvt. Ltd. vs. ITO and PCIT vs. Tupper Ware India Pvt. Ltd. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 17 May 2017 07:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342986 The ITAT quashed the reassessment orders as the Assessing Officer failed to comply with mandatory provisions and Tribunal directions, rendering the reassessment invalid. The reassessment proceedings were deemed academic, and additions were deleted for assessment years 2003-04 and 2004-05. The ITAT stressed the importance of addressing objections raised by the assessee before making assessments under section 147 of the Income Tax Act, following precedents like M/s. S. Power Pvt. Ltd. vs. ITO and PCIT vs. Tupper Ware India Pvt. Ltd. Case-Laws Income Tax Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342986