Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
A reopening notice issued under section 148 in the name of a company already struck off from the register is invalid because jurisdiction cannot be assumed over a non-existent entity. Participation by an ex-director does not cure the defect, and the consequential reassessment order under section 144 read with section 147 falls with the invalid notice. Section 250 of the Companies Act, 2013 did not assist the Revenue because no subsisting liability or obligation of the struck-off company remained on the date of reopening. The notice and reassessment were quashed.
A reopening notice issued under section 148 in the name of a company already struck off from the register is invalid because jurisdiction cannot be assumed over a non-existent entity. Participation by an ex-director does not cure the defect, and the consequential reassessment order under section 144 read with section 147 falls with the invalid notice. Section 250 of the Companies Act, 2013 did not assist the Revenue because no subsisting liability or obligation of the struck-off company remained on the date of reopening. The notice and reassessment were quashed.
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