https://www.taxtmi.com/highlights?id=79231 Validity of reopening assessment challenged due to non-disposal of objections raised by assessee against reassessment. Deduction u/s 24(a) proposed to be disallowed. Court held that as per GKN DRIVESHAFTS (INDIA) LTD. [2002 (11) TMI 7 - SUPREME COURT], it is mandatory for Assessing Officer to dispose of objections filed by assessee for reopening assessment. Without entering merits, impugned assessment orders quashed and matters remanded to Assessing Officer to dispose of objections raised by assessee for reopening assessment. en-us Mon, 08 Jul 2024 08:40:49 +0530 Mon, 08 Jul 2024 08:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79231 Validity of reopening assessment challenged due to non-disposal of objections raised by assessee against reassessment. Deduction u/s 24(a) proposed to be disallowed. Court held that as per GKN DRIVESHAFTS (INDIA) LTD. [2002 (11) TMI 7 - SUPREME COURT], it is mandatory for Assessing Officer to dispose of objections filed by assessee for reopening assessment. Without entering merits, impugned assessment orders quashed and matters remanded to Assessing Officer to dispose of objections raised by assessee for reopening assessment. Highlights Income Tax Mon, 08 Jul 2024 08:40:49 +0530 https://www.taxtmi.com/highlights?id=79231