https://www.taxtmi.com/caselaws?id=445655 The Court quashed and set aside the notices issued under Sections 148 and 142(1) of the Income Tax Act, 1961, to a non-existing entity, Diversey India Private Limited, which had amalgamated with the Petitioner. The Court found the Respondent's defense inadequate, noting that the Commissioner of Income Tax (Appeals) had already set aside similar re-assessment orders for prior assessment years due to the entity's non-existence. The Court emphasized that the existence of a PAN number does not justify issuing notices to a non-existing entity when the Department was aware of the amalgamation. en-us Wed, 08 Nov 2023 00:00:00 +0530 Thu, 16 Nov 2023 08:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445655 The Court quashed and set aside the notices issued under Sections 148 and 142(1) of the Income Tax Act, 1961, to a non-existing entity, Diversey India Private Limited, which had amalgamated with the Petitioner. The Court found the Respondent's defense inadequate, noting that the Commissioner of Income Tax (Appeals) had already set aside similar re-assessment orders for prior assessment years due to the entity's non-existence. The Court emphasized that the existence of a PAN number does not justify issuing notices to a non-existing entity when the Department was aware of the amalgamation. Case-Laws Income Tax Wed, 08 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445655