https://www.taxtmi.com/caselaws?id=466369 Reopening an incometax assessment in the name of a company struck off under the Companies Act 1956 is impermissible because dissolution under that Act effects removal from the register and cessation of corporate existence; consequence: notices issued to the nonexistent entity lack operative foundation and cannot sustain assessment proceedings. The Companies Act 2013 contains an express exception preserving a dissolved company's existence for realisation of dues, whereas the 1956 Act contains no comparable saving; consequence: poststrikeoff tax actions must respect that absence and cannot be justified by the 2013 Act's framework. en-us Fri, 28 Feb 2025 00:00:00 +0530 Mon, 02 Feb 2026 12:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466369 Reopening an incometax assessment in the name of a company struck off under the Companies Act 1956 is impermissible because dissolution under that Act effects removal from the register and cessation of corporate existence; consequence: notices issued to the nonexistent entity lack operative foundation and cannot sustain assessment proceedings. The Companies Act 2013 contains an express exception preserving a dissolved company's existence for realisation of dues, whereas the 1956 Act contains no comparable saving; consequence: poststrikeoff tax actions must respect that absence and cannot be justified by the 2013 Act's framework. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466369