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Creative Realmart Pvt. Ltd., Jaipur vs Ito, Ward-3(5), Jaipur, Jaipur on 4 January, 2024

5. Therefore, the order dt. 17th Dec., 2021 impugned in this petition is quashed and set aside. The matter is remanded for de novo consideration. The concerned officer shall keep in mind that the exercise of considering the assessee's objections to the reopening of assessment is not a mechanical ritual but a quasi judicial function. The order disposing of the objections should deal with each objection and give proper reasons 27 ITA No. 599/JPR/2023 Creative Realmart Pvt. Ltd. vs. ITO for the conclusion. He shall also grant a personal hearing to petitioner and the notice of personal hearing shall be communicated atleast seven working days in advance. If the said officer is relying on any judgment or order of any Court or Tribunal, a list thereof shall be provided to petitioner alongwith notice of personal hearing so that petitioner will be able to deal with or distinguish these judgments/orders in the personal hearing. The AO shall deal with all previous submissions while considering the assessee's objections, deal with each objections and give proper reasons for its conclusion.
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