Reopening of Assessment for Dissolved Company Invalid: Gujarat HC

Chetan Chandrakant Kothari Vs ITO (Gujarat High Court)

In the case of Chetan Chandrakant Kothari Vs ITO, the Gujarat High Court addressed the issue of reopening an assessment for a company that had been dissolved. The petitioner, who was a former director of Manshi Shuttleless Looms Pvt. Ltd., challenged the reopening of the company’s assessment under Section 148 of the Income Tax Act. The company had been dissolved in 2011, with its name struck off from the Register of Companies. Despite the company’s dissolution, the tax authorities issued a notice in 2019 for re

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