https://www.taxtmi.com/caselaws?id=326580 The Tribunal upheld the appellant's plea regarding the invalidity of the initiation of assessment proceedings under section 17 of the Wealth Tax Act, 1957 due to a notice served on a non-existent amalgamating company. The Tribunal ruled that the defect in the notice of reopening goes to the root of jurisdiction and cannot be cured. Following the precedent set by the Calcutta High Court in a similar case, the reassessment proceedings were set aside, and the appeal was allowed. en-us Wed, 24 Feb 2016 00:00:00 +0530 Wed, 20 Apr 2016 09:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326580 The Tribunal upheld the appellant's plea regarding the invalidity of the initiation of assessment proceedings under section 17 of the Wealth Tax Act, 1957 due to a notice served on a non-existent amalgamating company. The Tribunal ruled that the defect in the notice of reopening goes to the root of jurisdiction and cannot be cured. Following the precedent set by the Calcutta High Court in a similar case, the reassessment proceedings were set aside, and the appeal was allowed. Case-Laws Wealth-tax Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326580