. . Reassessment -Notice to non-existing company is invalid – Tax Questions and Answers

catchwords: Reassessment -Notice to non-existing company is invalid

  • Reassessment -Notice to non-existing company is invalid

    BDR Builders and Developers Pvt. Ltd. v. ACIT [397 ITR 529], Delhi High Court has held that notice issued after order of the court approving amalgamation in name of non-existent transferred company is invalid. On the same logic notice issued in the name of erstwhile company is also invalid. Therefore contention of the LLP is sustainable