In the result, all appeals of the assessee stand allowed
Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..
131 (SC), wherein, it has been categorically held that when the assessee has been granted substantial opportunity and the assessee has not co- operated in the assessment, the issues cannot be restored to the file of the AO unless reasoned and speaking order has been passed by the Tribunal. 15. In the present case, it is an admitted fact that