Reassessment notice not invalid just because of absence of suffix private Limited in Notice

CIT Vs. Jagat Novel Exhibitors Private Limited (Delhi HC)– Main contention of the Assessee was that  the notice under Section 147/ 148 of the Act was not issued to the respondent company in the name of the principal officer but was issued to Jagat Novel Exhibitors and without the words “Private Limited” as a suffix. Therefore, the notice was vague as it could not be ascertained whether it was issued to an individual, a firm, an HUF, etc. The notice, therefore, was void ab initio and accordingly the assessment order was a nullity.

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