Section 148 Notice to Non Existent Entity Case Ruling

Reassessment Proceeding Initiated Against Non-existent Company is Invalid: ITAT Delhi The Income Tax Appellate Tribunal (ITAT), New Delhi, has held that issuing notices under section 148 for reopening of assessment in the name of an erstwhile company is bad in the eyes of the law. The assessee, Mango Infratech Solutions, was established as a private…