https://www.taxtmi.com/caselaws?id=343360 The Tribunal found the reassessment proceedings and the reassessment itself invalid due to the Assessing Officer's failure to pass a speaking order disposing of objections before completing the assessment. The reasons for reopening did not align with the actual disallowance made during the assessment. As the income which had escaped assessment was below the threshold amount and the notice was issued after four years, the Tribunal ruled in favor of the appellant, setting aside the reassessment. Other grounds raised in the appeal were not adjudicated upon, and the appellant's appeal was allowed. en-us Wed, 03 May 2017 00:00:00 +0530 Wed, 24 May 2017 07:03:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343360 The Tribunal found the reassessment proceedings and the reassessment itself invalid due to the Assessing Officer's failure to pass a speaking order disposing of objections before completing the assessment. The reasons for reopening did not align with the actual disallowance made during the assessment. As the income which had escaped assessment was below the threshold amount and the notice was issued after four years, the Tribunal ruled in favor of the appellant, setting aside the reassessment. Other grounds raised in the appeal were not adjudicated upon, and the appellant's appeal was allowed. Case-Laws Income Tax Wed, 03 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343360