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Reassessment Quashed for Being Passed on a Struck-Off Company
Case Law Details
- Case Name
- Ultima Realtors Private Limited Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-2015
- Courts
- All ITAT, ITAT Mumbai
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Ultima Realtors Private Limited Vs ITO (ITAT Mumbai)
The assessee appealed against an order dated 29 March 2025 passed by the NFAC for Assessment Year 2014–15. The appeal raised several grounds, including maintainability of the appeal, passing of an ex-parte order, denial of opportunity of hearing, violation of natural justice, and non-adjudication of multiple substantive grounds. These grounds included objections such as issuance of notice and reassessment order on a non-existing company, additions made without basis, disallowance of loss, failure of the Assessing Officer t...
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