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2014 (5) TMI 435 - HC - Income TaxNon-speaking order - Restriction of addition – Section 145 not invoked - Liquor contractors – Held that:- Relying upon KRANTI ASSOCIATES PVT. LTD. Versus MASOOD AHMED KHAN [2010 (9) TMI 886 - SUPREME COURT OF INDIA] - In an order of affirmation, repetition of the reasons elaborately may not be necessary but even then the arguments advanced/points urged deserves to be dealt with - Reasons for affirmation have to be indicated, though in appropriate cases they may be briefly stated - Recording of reasons is part of fair procedure and reasons are harbinger between the mind of the maker of the decision in the controversy and the decision or conclusion arrived at and they always substitute subjectivity with objectivity - the orders of the ITAT being stereo typed, nonspeaking, unreasoned, arbitrary and whimsical, and we have no option except to remand the matter back to the ITAT to re-visit the issue afresh de-novo in accordance with the guidelines.
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