https://www.taxtmi.com/caselaws?id=767892 Gujarat HC quashed Best Judgment Assessment order u/s 144 where AO failed to provide reasons for rejecting petitioner's voluminous reply to show cause notice. Court held that AO considered the reply but found it unsatisfactory without assigning reasons, making the assessment order legally untenable. Relying on Shukla Brothers SC precedent, matter remanded to AO for fresh de novo assessment with proper opportunity of hearing and reasoned order within 12 weeks. en-us Mon, 03 Mar 2025 00:00:00 +0530 Thu, 27 Mar 2025 08:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767892 Gujarat HC quashed Best Judgment Assessment order u/s 144 where AO failed to provide reasons for rejecting petitioner's voluminous reply to show cause notice. Court held that AO considered the reply but found it unsatisfactory without assigning reasons, making the assessment order legally untenable. Relying on Shukla Brothers SC precedent, matter remanded to AO for fresh de novo assessment with proper opportunity of hearing and reasoned order within 12 weeks. Case-Laws Income Tax Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767892