On writ the court held that the Assessing Officer had not passed a speaking order on the objections raised by the assessee to the reasons for reopening of the assessment under section 147 pursuant to the notice issued under section 148. The matter was remanded to the Assessing Officer to pass a speaking order disposing of the objections raised by the assessee to the reasons for reopening. (AY. 2018-19)
Jothi Malleables P. Ltd. v. ACIT (2022) 441 ITR 70 (Mad.)(HC)
S. 148 : Reassessment-Objections raised-Not disposed by Assessing Officer-Matter remanded to the Assessing Officer to dispose of objections by speaking order [S. 143(2),147, Art, 226]
The AO is allowed to play second innings in one inning match. Unfortunate