https://www.taxtmi.com/caselaws?id=287442 The ITAT allowed the appeal of the assessee, emphasizing the importance of providing reasons for reopening assessments. The case was remanded back to the AO for further proceedings in compliance with the directions given by the ITAT, which included providing the reasons recorded for reopening the assessment and passing a speaking order after considering the assessee's objections. The ITAT highlighted the need to address jurisdictional issues before deciding on quantum additions, in line with legal precedents. en-us Tue, 31 Jan 2012 00:00:00 +0530 Tue, 14 Apr 2020 18:07:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287442 The ITAT allowed the appeal of the assessee, emphasizing the importance of providing reasons for reopening assessments. The case was remanded back to the AO for further proceedings in compliance with the directions given by the ITAT, which included providing the reasons recorded for reopening the assessment and passing a speaking order after considering the assessee's objections. The ITAT highlighted the need to address jurisdictional issues before deciding on quantum additions, in line with legal precedents. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287442