Bombay High Court Quashes Reassessment Notice Issued to Company That Ceased to Exist After Conversion into LLP — Notice Under Section 148 of Income Tax Act, 1961 Held Invalid as Issued to Non-Existent Entity. The court held that a notice under Section 148 issued to a company that had ceased to exist after conversion into an LLP is void ab initio and cannot be sustained.
3 Nov 2025The petitioner, Erangal Comtrade and Consultancy LLP, challenged a notice dated 30 March 2021 issued under Section 148 of the Income Tax Act, 1961, se...
