Section 292B cannot cure defect of Scrutiny notice to a non-existent entity 

PCIT Vs GPT Sons Pvt Ltd (Calcutta High Court)

Calcutta High Court dismissed an appeal by the revenue in the case of PCIT Vs. GPT Sons Pvt. Ltd., affirming the decision of the Income Tax Appellate Tribunal (ITAT) that notices issued to a non-existent entity (amalgamating company) were invalid. The case revolved around a scrutiny notice issued under Section 148 of the Income Tax Act, 1961, in the name of GPT Sons Pvt. Ltd., despite its merger with GPT Ventures Pvt. Ltd. The revenue argued that the defect was curable under Section 292B and cited non-disclosure of the amalgam

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