https://www.taxtmi.com/highlights?id=88395 In a tax reassessment case, the ITAT quashed the reassessment order under Section 147 due to the Assessing Officer's failure to dispose of the assessee's objections through a reasoned order. The AO did not comply with the Supreme Court's GKN Driveshaft judgment, which mandates addressing objections to assessment reopening via a speaking order. Consequently, the reassessment order dated 31/03/2022 was deemed invalid and passed without jurisdiction, ultimately decided in favor of the assessee and against the revenue. en-us Thu, 15 May 2025 07:32:21 +0530 Thu, 15 May 2025 07:32:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88395 In a tax reassessment case, the ITAT quashed the reassessment order under Section 147 due to the Assessing Officer's failure to dispose of the assessee's objections through a reasoned order. The AO did not comply with the Supreme Court's GKN Driveshaft judgment, which mandates addressing objections to assessment reopening via a speaking order. Consequently, the reassessment order dated 31/03/2022 was deemed invalid and passed without jurisdiction, ultimately decided in favor of the assessee and against the revenue. Highlights Income Tax Thu, 15 May 2025 07:32:21 +0530 https://www.taxtmi.com/highlights?id=88395