S. 147 / 148 Non disposal of objection raised makes reassessment invalid

M/S Veer Vardhman Finance Investment Pvt. Ltd. Vs. DCIT (ITAT Delhi)

As AO has not passed the speaking order in disposing of the assessee ‘s objections against the notice u/s. 148 of the I. T. Act, before proceeding with the assessment, hence subsequent assessment order is bad in law and deserving of being quashed.

Full Text of the ITAT Order is as follows:-

This appeal by t

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