Re-assessment Order u/s 147 of Income Tax Act in the Name of Non-existing Entity is Invalid: ITAT [Read Order]

By Shabna Rahim - On July 3, 2023 11:10 am - 2 mins read
Re-assessment Order - Income Tax Act - Non-existing Entity - Re-assessment - ITAT - taxscan

The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the re-assessment order under section 147 of the Income Tax Act,1961 in the name of any non-existing entity was invalid.  S.S.S Glass Pvt. Ltd, the appellant assessee appealed against the order passed by the Commissioner of Income Tax (Appeals) for confirming the…

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