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2015 (11) TMI 570 - AT - Income TaxReopening of assessment - Held that:- We deem it fit to send all the grounds back to the file of the AO. The AO shall provide copy of Reasons recorded by him, if any, to the assessee. The assessee shall file objections to the AO with regard to reopening of the case, if so desired by him. The AO shall follow the procedure, as laid down by the Hon’ble Supreme Court in the case of GKN Driveshafts (India) Ltd. vs. ITO. (2002 (11) TMI 7 - SUPREME Court). The AO shall dispose of the objections of the Assessee before framing the re-assessment order. The assessee shall be at his liberty to file all the details and evidences, as may be required by the AO or as may be considered appropriate by him, as per law. The AO shall give full opportunity of hearing to the Assessee before the framing reassessment orders. The Assessee shall extend all requisite cooperation to the AO in this regard. Thus, all three grounds i.e. Grounds No (i), (ii) and (iii), of all of these three appeals, are sent back to the file of AO. - Decided in favour of assessee for statistical purposes.
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