Reassessment Notice Invalid as It Was Issued to Non-Existent Entity: Bombay HC

Sunteck Realty Ltd Vs DCIT (Bombay High Court) In Sunteck Realty Ltd. vs DCIT, the Bombay High Court examined whether reassessment proceedings initiated under the Income Tax Act, 1961 could be sustained when the notice was issued in the name of an entity that had ceased to exist due to corporate restructuring. The writ petition challenged the order dated 31 August 2024 passed under Section 148A(d) of the Income Tax Act and the notice issued under Section 148 for Assessment Year (AY) 2018–19. The petitioner argued that the impugned notice was invalid because it had been issued to a non-existe...