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2018 (5) TMI 54 - AT - Income TaxReopening of assessment - validity of notice u/s. 148 - AO did not dispose of objections before passing the order of reassessment - Held that:- Assessee has challenged the action of AO in not disposing off objections of the assessee which is mandated by the Hon'ble Supreme Court decision in the case of GKN Driveshafts (India) Ltd. [2002 (11) TMI 7 - SUPREME Court] We are of the considered view that AO is under a mandate to dispose of such objections before proceeding with the assessment by passing a speaking order, which has not been done by him, therefore, the reassessment under section 147 cannot be sustained and hence, we quash the reassessment order - Decided in favour of assessee.
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