Calcutta High Court Quashes Assessment Notice Against Non-Existing Entity

Virender Kumar And Sons Jewellers LLP Vs ITO (Calcutta High Court) Introduction: The case of Virender Kumar And Sons Jewellers LLP Vs ITO at the Calcutta High Court involves a challenge to an assessment order and notice issued under Section 148 of the Income Tax Act, 1961. The petitioner, Virender Kumar And Sons Jewellers LLP, argued that the notice was invalid as it was issued to a non-existing entity. Analysis: The petitioner had transformed from a private limited company, Viewpoint Marketing Pvt. Ltd., to a Limited Liability Partnership (LLP) named Virender Kumar and Sons Jewellers LLP. The...