https://www.taxtmi.com/caselaws?id=302385 The Court set aside the assessment order issued under Section 147 of the Income Tax Act, 1961 for the assessment year 2011-12, as it lacked a speaking order as required by the Supreme Court decision in GKN Drive Shafts case. The respondent was directed to pass a speaking order within 90 days from the date of the order to ensure compliance with the law. The petitioner's request for closure of the file and objections were considered valid, emphasizing the importance of a speaking order in such cases. The writ petition was disposed of with these directions, and no costs were awarded. en-us Thu, 25 Nov 2021 00:00:00 +0530 Mon, 22 Aug 2022 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302385 The Court set aside the assessment order issued under Section 147 of the Income Tax Act, 1961 for the assessment year 2011-12, as it lacked a speaking order as required by the Supreme Court decision in GKN Drive Shafts case. The respondent was directed to pass a speaking order within 90 days from the date of the order to ensure compliance with the law. The petitioner's request for closure of the file and objections were considered valid, emphasizing the importance of a speaking order in such cases. The writ petition was disposed of with these directions, and no costs were awarded. Case-Laws Income Tax Thu, 25 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302385