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2019 (5) TMI 1159 - AT - Income TaxValidity of assessment / proceedings u/s 153A - non-est entite’s cases - conversion from a corporate entity to a Limited Liability Partnership “LLP” - HELD THAT:- Impugned assessment / proceedings are not sustainable since framed in case of a non-est entity. Mr Agarwal quotes sec. 170 of the Act at this stage to make it clear that it is very well open for the AO to proceed against the successor entity. We therefore make it clear before parting that it shall be very well open for the Assessing Officer to proceed against the successor LLP as per law. See M/S PAWANSUT MANAGEMENT LTD. VERSUS I.T.O., WARD-58 (4) (TDS) [2018 (4) TMI 46 - ITAT KOLKATA], M/S COMPUTER ENGINEERING SERVICES INDIA (P) LTD. (AMALGAMATED WITH ISTRONICS LTD) , M/S FORYU OVERSEAS (P) LTD AND OTHERS [2015 (6) TMI 601 - ITAT DELHI] , INTEL TECHNOLOGY INDIA (P.) LTD. [2015 (5) TMI 614 - KARNATAKA HIGH COURT], RAZA TEXTILES LIMITED VERSUS INCOME-TAX OFFICER, RAMPUR [1972 (9) TMI 15 - SUPREME COURT] - The Revenue’s appeal dismissed.
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