https://www.taxtmi.com/caselaws?id=764102 The ITAT Mumbai addressed whether the reopening of the assessment for AY 2009-10 was valid. The Tribunal found that the Assessing Officer (AO) failed to adhere to procedural requirements established by the SC in GKN Driveshafts (India) Ltd., specifically by not disposing of the assessee's objections before finalizing the assessment. As a result, the Tribunal quashed the assessment order due to this procedural non-compliance, allowing the appeal filed by the assessee and reinforcing the necessity of following procedural guidelines in assessment reopenings. en-us Fri, 20 Dec 2024 00:00:00 +0530 Thu, 02 Jan 2025 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764102 The ITAT Mumbai addressed whether the reopening of the assessment for AY 2009-10 was valid. The Tribunal found that the Assessing Officer (AO) failed to adhere to procedural requirements established by the SC in GKN Driveshafts (India) Ltd., specifically by not disposing of the assessee's objections before finalizing the assessment. As a result, the Tribunal quashed the assessment order due to this procedural non-compliance, allowing the appeal filed by the assessee and reinforcing the necessity of following procedural guidelines in assessment reopenings. Case-Laws Income Tax Fri, 20 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764102