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    <title>2021 (12) TMI 1296 - MADRAS HIGH COURT</title>
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    <description>The court quashed the Impugned Assessment Orders for the Assessment Years 2010-2011 and 2011-2012 and remitted the cases back to the respondent to pass a speaking order. The respondent was directed to issue appropriate Assessment Orders within thirty days based on the objections filed by the petitioner, ensuring compliance with the law and on merits. The court emphasized the importance of timely assessment orders to avoid limitations lapses and cited the decision in GKN Driveshafts (India) Limited Vs. Income Tax Officer and Ors [2003] 259 ITR 19 (SC). The writ petitions were disposed of with specified instructions, and no costs were awarded.</description>
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      <description>The court quashed the Impugned Assessment Orders for the Assessment Years 2010-2011 and 2011-2012 and remitted the cases back to the respondent to pass a speaking order. The respondent was directed to issue appropriate Assessment Orders within thirty days based on the objections filed by the petitioner, ensuring compliance with the law and on merits. The court emphasized the importance of timely assessment orders to avoid limitations lapses and cited the decision in GKN Driveshafts (India) Limited Vs. Income Tax Officer and Ors [2003] 259 ITR 19 (SC). The writ petitions were disposed of with specified instructions, and no costs were awarded.</description>
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