Allowing the petition the Court held that since specific objections raised by assessee had not been properly dealt with by Assessing Officer and Assessing Officer had passed order mechanically and without application of his mind, order disposing of objections was set aside and matter was remanded back to Assessing Officer for decision afresh . (AY .2012-13)
Divya Jyoti Diamonds (P) Ltd v. ITO (2021) 439 ITR 471 /281 Taxman 323 (Guj.) (HC)
S. 147 : Reassessment – Objection – Order passed disposing the objection in a mechanical manner – Order of Assessing Officer rejecting objections must be well reasoned -Order set aside [ S.148 , Art , 226 ]