Re-assessment proceedings against dissolved entity is unsustainable

Pranshu Buildwell LLP Vs ITO (Delhi High Court)

Delhi High Court of the petitioner is that the impugned proceedings for reassessment have been triggered against an entity, which is no longer in existence.

The record shows, that reassessheld that proceedings for reassessment triggered against the private limited company which is dissolved and converted into LLP is unsustainable in law.

Facts- The principal grievance ment proceedings have been triggered against an entity going by the name Pranshu Buildwell Private Limited.
According to the petitioner, this entity was converted into limited liability partnership (LLP).

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