https://www.taxtmi.com/caselaws?id=358418 The SC dismissed a SLP challenging reopening of assessment where notice was issued against a non-existent entity with incorrect name. The Court held that the wrong name in the notice constituted merely a clerical error correctable under Section 292B of the Income Tax Act. Following the HC precedent, the SC ruled that human errors and mistakes cannot nullify otherwise valid proceedings when no prejudice is caused. The Court emphasized that Section 292B specifically provides for correction of such clerical errors, and the substantive validity of the assessment proceedings remained intact despite the naming discrepancy. The dismissal affirmed that procedural errors of clerical nature do not invalidate tax proceedings where the underlying assessment action is legally sound. en-us Fri, 06 Apr 2018 00:00:00 +0530 Wed, 13 May 2026 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358418 The SC dismissed a SLP challenging reopening of assessment where notice was issued against a non-existent entity with incorrect name. The Court held that the wrong name in the notice constituted merely a clerical error correctable under Section 292B of the Income Tax Act. Following the HC precedent, the SC ruled that human errors and mistakes cannot nullify otherwise valid proceedings when no prejudice is caused. The Court emphasized that Section 292B specifically provides for correction of such clerical errors, and the substantive validity of the assessment proceedings remained intact despite the naming discrepancy. The dismissal affirmed that procedural errors of clerical nature do not invalidate tax proceedings where the underlying assessment action is legally sound. Case-Laws Income Tax Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358418