https://www.taxtmi.com/caselaws?id=311009 ITAT Chennai dismissed the assessee's appeal against the Commissioner's revision order u/s 263. The AO failed to examine or provide reasoning regarding various expense claims including duty drawback, sales commission, cash payments exceeding Rs. 20,000, VAT returns, charity donations, and job work charges in the assessment order. ITAT held that assessment proceedings are judicial in nature requiring speaking orders with proper reasoning. The AO's non-application of mind to material issues justified the Commissioner's revision action, as judicial orders must contain reasons for conclusions reached and cannot be supplemented later through additional documents. en-us Fri, 29 May 2015 00:00:00 +0530 Sat, 02 Dec 2023 08:46:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311009 ITAT Chennai dismissed the assessee's appeal against the Commissioner's revision order u/s 263. The AO failed to examine or provide reasoning regarding various expense claims including duty drawback, sales commission, cash payments exceeding Rs. 20,000, VAT returns, charity donations, and job work charges in the assessment order. ITAT held that assessment proceedings are judicial in nature requiring speaking orders with proper reasoning. The AO's non-application of mind to material issues justified the Commissioner's revision action, as judicial orders must contain reasons for conclusions reached and cannot be supplemented later through additional documents. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311009