Reassessment order passed without disposal of objections raised by assessee is invalid

Golden Flame Steels Pvt. Ltd. Vs ITO (ITAT Delhi) Reassessment order passed under section 147/148 of Income Tax Act, 1961 without disposal of objections raised by assessee by passing a speaking order by AO was illegal and invalid. FULL TEXT OF THE ITAT JUDGEMENT This appeal is preferred by the assessee against the order dated 13.02.2013 passed by the ld. CIT(A)-VIII, New Delhi for assessment year 2000-01. The appeal is against the action of the ld. CIT(A) in upholding the reassessment proceedings completed u/s 144/147 of the Income Tax Act, 1961 (hereinafter referred to as “the Act̶...