https://www.taxtmi.com/caselaws?id=284059 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263, deeming it null and void due to the dissolution of the assessee company and lack of procedural fairness. The appeal was allowed, emphasizing the invalidity of the assessment order on a non-existing entity. The Tribunal highlighted the importance of adherence to procedural fairness and the right to be heard, ultimately ruling in favor of the assessee on 26/02/2018. en-us Mon, 26 Feb 2018 00:00:00 +0530 Fri, 25 Oct 2019 08:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284059 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263, deeming it null and void due to the dissolution of the assessee company and lack of procedural fairness. The appeal was allowed, emphasizing the invalidity of the assessment order on a non-existing entity. The Tribunal highlighted the importance of adherence to procedural fairness and the right to be heard, ultimately ruling in favor of the assessee on 26/02/2018. Case-Laws Income Tax Mon, 26 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284059