https://www.taxtmi.com/caselaws?id=445546 ITAT Kolkata held that revision proceedings u/s 263 against a non-existent entity are void ab initio. The assessee company was dissolved due to amalgamation in 2015, making subsequent revision orders dated 2020 and 2022 invalid. Additionally, the reassessment notice u/s 148 was issued without mandatory prior approval from JCIT/Addl. CIT as required u/s 151, rendering the reassessment order fundamentally defective. Since the original reassessment suffered jurisdictional defects, all consequent proceedings including revision orders were held invalid and non-est. Appeal allowed. en-us Tue, 07 Nov 2023 00:00:00 +0530 Fri, 10 Nov 2023 08:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445546 ITAT Kolkata held that revision proceedings u/s 263 against a non-existent entity are void ab initio. The assessee company was dissolved due to amalgamation in 2015, making subsequent revision orders dated 2020 and 2022 invalid. Additionally, the reassessment notice u/s 148 was issued without mandatory prior approval from JCIT/Addl. CIT as required u/s 151, rendering the reassessment order fundamentally defective. Since the original reassessment suffered jurisdictional defects, all consequent proceedings including revision orders were held invalid and non-est. Appeal allowed. Case-Laws Income Tax Tue, 07 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445546