Bombay HC Declares Reassessment Proceedings Invalid for Non-Existent Entity with Active PAN

Last updated: 14 November 2023


In a recent judgment, the Bombay High Court has ruled against the validity of reassessment proceedings conducted by the tax department against non-existent entities, even though the Permanent Account Number (PAN) remained active. The court, in its decision, emphasized that an active PAN does not pro

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Category Income Tax   Report

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