https://www.taxtmi.com/caselaws?id=398214 The High Court directed the Assessing Officer to provide reasons to the petitioner within one week and allowed the petitioner to file objections to the notice. The Assessing Officer was instructed to consider these objections and pass a speaking order within a reasonable time, emphasizing the need to adhere to the prescribed procedure of providing reasons and opportunity for objections and hearing before finalizing the assessment, in line with the Supreme Court's judgment in GKN Driveshafts (India) Ltd. vs. Income-Tax Officer. en-us Wed, 02 Sep 2020 00:00:00 +0530 Wed, 09 Sep 2020 11:17:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398214 The High Court directed the Assessing Officer to provide reasons to the petitioner within one week and allowed the petitioner to file objections to the notice. The Assessing Officer was instructed to consider these objections and pass a speaking order within a reasonable time, emphasizing the need to adhere to the prescribed procedure of providing reasons and opportunity for objections and hearing before finalizing the assessment, in line with the Supreme Court's judgment in GKN Driveshafts (India) Ltd. vs. Income-Tax Officer. Case-Laws Income Tax Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398214