https://www.taxtmi.com/caselaws?id=442709 The court ruled in favor of the petitioner, holding that the treatment of their return as invalid was unjustified. Despite the name change from Religare Wealth Management Ltd. to Religare Advisors Ltd., which was duly recognized, the return should not have been labeled defective. The insistence on filing a revised return was deemed contrary to the Income Tax Act. The court set aside the impugned order and directed the revenue authorities to process the original return for Assessment Year 2018-19, emphasizing that the name change had been acknowledged. en-us Tue, 08 Aug 2023 00:00:00 +0530 Fri, 08 Sep 2023 09:02:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442709 The court ruled in favor of the petitioner, holding that the treatment of their return as invalid was unjustified. Despite the name change from Religare Wealth Management Ltd. to Religare Advisors Ltd., which was duly recognized, the return should not have been labeled defective. The insistence on filing a revised return was deemed contrary to the Income Tax Act. The court set aside the impugned order and directed the revenue authorities to process the original return for Assessment Year 2018-19, emphasizing that the name change had been acknowledged. Case-Laws Income Tax Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442709