https://www.taxtmi.com/caselaws?id=197327 Rejection of an exemption request under the ICDR Regulations without recorded reasons was held unsustainable because an adverse order affecting rights must disclose reasons to enable effective appellate challenge. The SAT found that a non-speaking rejection could not stand, set aside the impugned order, and remanded the matter to the Board for prompt reconsideration through a speaking order. en-us Thu, 05 Jul 2012 00:00:00 +0530 Wed, 03 Jan 2018 14:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197327 Rejection of an exemption request under the ICDR Regulations without recorded reasons was held unsustainable because an adverse order affecting rights must disclose reasons to enable effective appellate challenge. The SAT found that a non-speaking rejection could not stand, set aside the impugned order, and remanded the matter to the Board for prompt reconsideration through a speaking order. Case-Laws Companies Law Thu, 05 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197327