https://www.taxtmi.com/caselaws?id=447864 ITAT Surat-AT held that assessment orders passed against dissolved partnership firms are without jurisdiction and must be set aside. The tribunal relied on Gujarat HC decision in Adani Estate Management case and SC ruling in Maruti Suzuki case, which established that notices issued to non-existing entities following amalgamation/dissolution are invalid. Despite the assessee firm promptly informing the Assessing Officer about dissolution and business discontinuation, the AO proceeded to issue notices and pass orders against the non-existent entity, rendering the assessment jurisdictionally invalid and liable to be quashed. en-us Thu, 26 Oct 2023 00:00:00 +0530 Fri, 05 Jan 2024 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447864 ITAT Surat-AT held that assessment orders passed against dissolved partnership firms are without jurisdiction and must be set aside. The tribunal relied on Gujarat HC decision in Adani Estate Management case and SC ruling in Maruti Suzuki case, which established that notices issued to non-existing entities following amalgamation/dissolution are invalid. Despite the assessee firm promptly informing the Assessing Officer about dissolution and business discontinuation, the AO proceeded to issue notices and pass orders against the non-existent entity, rendering the assessment jurisdictionally invalid and liable to be quashed. Case-Laws Income Tax Thu, 26 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447864