https://www.taxtmi.com/caselaws?id=439394 The Tribunal upheld the Dispute Resolution Panel's decision that the Return of Income (ROI) filed by a non-existent entity was invalid. The Tribunal emphasized that ROIs filed in the name of a non-existent entity cannot be cured under the law. However, the Tribunal directed the Assessing Officer to verify and grant the refund claimed by the assessee as per the law. The draft assessment order and Transfer Pricing order passed on the non-existent entity were deemed invalid by the Tribunal. The assessee's appeal was partly allowed, and the Assessing Officer's cross-objection was dismissed. en-us Tue, 20 Jun 2023 00:00:00 +0530 Mon, 17 Mar 2025 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439394 The Tribunal upheld the Dispute Resolution Panel's decision that the Return of Income (ROI) filed by a non-existent entity was invalid. The Tribunal emphasized that ROIs filed in the name of a non-existent entity cannot be cured under the law. However, the Tribunal directed the Assessing Officer to verify and grant the refund claimed by the assessee as per the law. The draft assessment order and Transfer Pricing order passed on the non-existent entity were deemed invalid by the Tribunal. The assessee's appeal was partly allowed, and the Assessing Officer's cross-objection was dismissed. Case-Laws Income Tax Tue, 20 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439394