Order Passed Against Deceased Assessee Not Invalid by Default: ITAT Hyderabad

Ganga Rao Sunkara Vs ITO (ITAT Hyderabad) ITAT Hyderabad: Order Passed Against Deceased Assessee Upheld; Entire Petrol Pump Turnover Cannot Be Taxed—Matter Remanded The Hyderabad ‘B’ Bench of the Income Tax Appellate Tribunal, Hyderabad Bench adjudicated the appeal for AY 2017-18 involving a COCO (Company Owned–Company Operated) petrol pump run on behalf of Indian Oil Corporation (IOC). On the preliminary issue, the Tribunal rejected the assessee’s challenge to the validity of the CIT(A)’s order passed in the name of the deceased assessee. It held that although the death of the ass...