Notice issued in the name of non-existing entity is liable to be set aside

Coffee Day Resorts (MSM) Pvt Ltd Vs DCIT (Karnataka High Court) Karnataka High Court held that notice issued in the name of non-existing entity as on the date of issuance of notice is liable to be set aside. Facts- The petitioner vide the present petition mainly contended that notice under Section 148A (b) came to be issued to M/s.Shankar Resources (P) Ltd., with PAN Number AAHCS6289D has amalgamated with M/s.Coffee Day Resorts (MSM) Pvt. Ltd., with PAN Number AADCC6017D with effect from 01.04.2018. Accordingly, it was contended that the Company M/s.Shankar Resources (P) Ltd., ceased to exist ...