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2023 (1) TMI 777 - HC - Income TaxReopening of assessment u/s 147 - reassessment proceedings as commenced by issuing notice against a non-existent entity, i.e., the partnership firm which bears the same name as the petitioner - HELD THAT:- It is averred that the petitioner before us is a proprietorship concern. It is also averred that the proprietor of the petitioner concern is one Mr Deepak Dogra, who, along with Mr Himanshu Taneja, formed the partnership firm going by the same name, i.e., Bharat Agro Overseas (India). The petitioner also claims that communications were addressed on 31.03.2017, whereby the surrender and cancellation of the PAN allocated to the partnership firm was sought. This request, according to the petitioner, was made once again on 27.02.2020. Therefore, while dealing with the notice issued u/s 148A(b), these contentions, apart from other contentions that may be raised on behalf of the petitioner, will be dealt with by the AO. In order to hasten the proceedings, the AO is directed to furnish the relevant information/material to the petitioner within four weeks from the date of receipt of a copy of the order passed today.
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