https://www.taxtmi.com/highlights?id=78302 The ITAT held that reopening assessment against a deceased person, a non-existing company converted into LLP, is invalid. The company's status as "dissolved" on MCA data means it lost existence. As per sec 2(31), it cannot be assessed. The reassessment u/s 147/148 by AO is without jurisdiction and set aside. Notice u/s 147 and order u/s 144 r.w.s. 147 are quashed. Decision favors assessee. en-us Sat, 08 Jun 2024 09:05:34 +0530 Sat, 08 Jun 2024 09:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78302 The ITAT held that reopening assessment against a deceased person, a non-existing company converted into LLP, is invalid. The company's status as "dissolved" on MCA data means it lost existence. As per sec 2(31), it cannot be assessed. The reassessment u/s 147/148 by AO is without jurisdiction and set aside. Notice u/s 147 and order u/s 144 r.w.s. 147 are quashed. Decision favors assessee. Highlights Income Tax Sat, 08 Jun 2024 09:05:34 +0530 https://www.taxtmi.com/highlights?id=78302