Notice/ order on dead person/ wound-up company is a nullity if department is made aware of the same

Pesak Ventures Ltd. Vs. DCIT (ITAT Delhi)

In case of discontinuance of the business, the assessee is required to inform to the Assessing Officer and also in case of the liquidation, the liquidator of the company is required to give notice to the Assessing Officer, who is entitled to assess the income of the company.

In the instant case before us, there is no such information available on record, whether the Assessing Officer was informed about the discontinuance of the business or the liquidation process of the company. Though the Ld. counsel submitted that the Assessing Off

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