https://www.taxtmi.com/caselaws?id=771138 ITAT Hyderabad held that assessment orders under old PAN cannot survive when company already filed returns under new PAN for same assessment years. Company originally allotted PAN as 'Firm' despite being Private Limited Company, later surrendered old PAN and obtained new PAN in 'Company' status from AY 2007-08. Department assessed company under new PAN for AY 2015-16 and 2017-18, but simultaneously passed assessment orders under old PAN. ITAT condoned delay in filing appeals as company was unaware of proceedings under old PAN. Matter remanded to AO to verify if transactions reported under old PAN were already accounted in company's books under new PAN to avoid duplicate assessment. en-us Mon, 19 May 2025 00:00:00 +0530 Wed, 21 May 2025 08:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771138 ITAT Hyderabad held that assessment orders under old PAN cannot survive when company already filed returns under new PAN for same assessment years. Company originally allotted PAN as 'Firm' despite being Private Limited Company, later surrendered old PAN and obtained new PAN in 'Company' status from AY 2007-08. Department assessed company under new PAN for AY 2015-16 and 2017-18, but simultaneously passed assessment orders under old PAN. ITAT condoned delay in filing appeals as company was unaware of proceedings under old PAN. Matter remanded to AO to verify if transactions reported under old PAN were already accounted in company's books under new PAN to avoid duplicate assessment. Case-Laws Income Tax Mon, 19 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771138