Assessment Order Framed against Non-Existing Company Illegal and Void Ab Initio: ITAT [Read Order]

Assessment Order Framed against Non-Existing Company - Assessment Order - Non-Existing Company - ITAT - Void Ab Initio - Taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that an assessment order framed in the name of a non-existing company would be illegal and void ab initio. A search & seizure operation was conducted in assessee company BJN Holdings Ltd, under Section 132 of the Income Tax Act, 1961 was carried out…

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