Revisionary proceedings initiated in the name of non-existent entity is invalid

ITAT Kolkata held that revisionary proceedings u/s. 263 initiated in the name of non-existent entity, despite the fact that private limited company was converted into LLP and the conversion was brought to the knowledge of AO, is void ab initio and invalid.

Facts- Assessee filed its return declaring a total loss of Rs.6,04,635/-. The return was originally

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