ITAT Quashes Reassessment: Section 148 Notice Issued to Deceased Assessee

Lily Sarkar Vs ITO (ITAT Kolkata) Income Tax Appellate Tribunal (ITAT), Kolkata Bench, has allowed the appeal filed by Lily Sarkar, the daughter of the deceased assessee, Shri Sudhir Chowdhury, against an assessment order for the Assessment Year 2011-12. The Tribunal ruled that the entire reassessment proceeding was invalid because the foundational notice under Section 148 of the Income-tax Act, 1961, was issued in the name of the deceased individual. Shri Sudhir Chowdhury passed away on 18.12.2016. The notice initiating reassessment under Section 148 was subsequently issued in his name on 30....