The AO passed the reassessment order , which was affirmed by the CIT (A)b . On the facts of the case the reassessment order was passed after a period of four years .On appeal the the Tribunal held that the Assessing Officer had not recorded any failure on the part of the assessee to disclose fully and truly any material facts and that the reopening of assessment was invalid. On appeal , allowing the appeal of the revenue the Court held that , If the Tribunal came to the conclusion that the Assessing Officer had not recorded any failure on the part of the assessee to disclose fully and truly any material facts necessary for its assessment, it was required that the Tribunal expressed itself as to how it formed such an opinion. In the absence of any such reasons emanating from the order, the order passed by the Tribunal was devoid of reasons. The order was set aside and the matter was remanded to the Tribunal.\u00a0 High Court relied on , Mohinder Singh Gill v. Chief Election Commissioner [1978] AIR 1978 SC 851\u00a0 for the proposition that ,an order passed by a court or a Tribunal should stand or fall based on the reasons contained in that order. The order cannot be substituted by reasons at the appellate stage when they did not find place in the original order. (AY.2008-09)<\/p>\n
\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" S. 254(1) : Appellate Tribunal \u2013 Duties- Speaking order \u2013 Reassessment – After the expiry of four years- Quashing of reassessment – Matter remanded as the Tribunal has not passed a speaking order [ S.\t5OB , 147 , 148 , 253 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-14759","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Q3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=14759"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14759\/revisions"}],"predecessor-version":[{"id":14760,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14759\/revisions\/14760"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}