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2021 (7) TMI 1141 - ITAT BANGALOREValidity of assessment u/s 147 - assessee argued AO has not disposed off the objections with regard to validity of reopening of assessment under section 148 - HELD THAT:- The admitted position is the AO has not disposed off the objections by a speaking order. Under the circumstances, it is clear that the mandatory procedure of disposal of objection by the AO before proceeding with the assessment has not been followed and therefore the order of assessment cannot be sustained and has to be quashed. See M/S. DEEPAK EXTRUSIONS PVT. LTD. VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1 (4) , BANGALORE [2017 (3) TMI 1257 - KARNATAKA HIGH COURT] - Decided in favour of assessee.
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