Assessment valid if Assesee not informs about Striking off Name of Company during Assessment

CIT Vs Tarachanthini Services Pvt. Ltd. (Madras High Court) The issue under consideration is whether the Tribunal was right in remanding back to the file of AO for investigation as to whether the company was in existence at the relevant time by holding that the assessment order passed was nullity? dmittedly the assessment year is 2000-01, when the assessee Company was carrying on business. It is not in dispute that the assessee Company filed its Return of Income for the said assessment year. This was processed and an intimation was issued under Section 143(1) of the Act on 15.01.2002. When the...