Reassessment Invalid: Section 147 Quashed for Failing to Address Taxpayer's Objections with a Speaking Order.

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....Reassessment u/s 147 - not passing a speaking order rejecting the objections of the assessee - reassessment proceedings requires to be quashed as the neither rejection not acceptance of the objections of the assessee has prejudiced the interest of the assessee to challenge the same before the higher forum....