https://www.taxtmi.com/caselaws?id=405574 The High Court found that the objections raised by the assessee were not adequately considered by the Assessing Officer in a case involving the reopening of assessment for Assessment Year 2012-13 under Section 143(3) of the Income Tax Act, 1961. Consequently, the Court quashed the order disposing of objections and remitted the matter back to the Assessing Officer for fresh consideration, directing a new speaking order within four weeks. The Court clarified that it did not express any opinion on the case's merits, allowing the assessee to challenge the fresh order within the legal framework if unfavorable, with a grace period of four weeks for pursuing legal remedies. en-us Wed, 17 Mar 2021 00:00:00 +0530 Mon, 17 May 2021 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405574 The High Court found that the objections raised by the assessee were not adequately considered by the Assessing Officer in a case involving the reopening of assessment for Assessment Year 2012-13 under Section 143(3) of the Income Tax Act, 1961. Consequently, the Court quashed the order disposing of objections and remitted the matter back to the Assessing Officer for fresh consideration, directing a new speaking order within four weeks. The Court clarified that it did not express any opinion on the case's merits, allowing the assessee to challenge the fresh order within the legal framework if unfavorable, with a grace period of four weeks for pursuing legal remedies. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405574