Allowing the petition the Court held that, the AO passed a reassessment order under S. 147 of the  Act,  pursuant to the notice issued under S. 148 without disposing of the objections filed by the assessee against the reopening of the assessment. Accordingly the reassessment order was to be set aside. The AO was to consider the objections raised by the assessee to the reopening of the assessment under S. 147 and dispose of those objections by a reasoned order. (AY.2011-12)