Order passed u/s 153A invalid as same was passed on non-existing entity

Avaada Ventures Private Limited Vs DCIT (ITAT Mumbai) Conclusion: Assessment Order passed under Section 153A read with Section 143(3) was invalid in the eyes of law as the same had been passed on non-existing entity despite AO having been put to notice by assessee during the course of assessment proceedings. Held: Juicy International Pvt. Ltd. was an Indian private limited company engaged in manufacture and retail of food & juice products, investment in shares and real estate business. It filed the original return of income under Section 139(1) declaring income of INR 39,70,436/- which was...