https://www.taxtmi.com/caselaws?id=256580 A notice issued under Section 148 to a partnership firm that had already ceased to exist after conversion into a company was void, because the successor company became the assessable entity on conversion. Proceedings initiated against a non-existent person could not be sustained, and the defect was not cured by the assessee's participation. Section 292B did not apply because the notice itself was issued to a dead entity, so the reassessment and the assessment made pursuant to it were liable to be quashed. Revenue could proceed only, if permissible in law, against the successor company. en-us Fri, 22 Aug 2014 00:00:00 +0530 Thu, 26 Feb 2015 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256580 A notice issued under Section 148 to a partnership firm that had already ceased to exist after conversion into a company was void, because the successor company became the assessable entity on conversion. Proceedings initiated against a non-existent person could not be sustained, and the defect was not cured by the assessee's participation. Section 292B did not apply because the notice itself was issued to a dead entity, so the reassessment and the assessment made pursuant to it were liable to be quashed. Revenue could proceed only, if permissible in law, against the successor company. Case-Laws Income Tax Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256580