Reassessment under the Income Tax Act Against Entity Converted into LLP Held Void; Section 148 Notice to Defunct Company Set Aside: Bombay High Court
The Bombay High Court delivered an important judgment on 3 November 2025 involving the legality of a reassessment notice issued under Section 148 of the Income Tax Act, 1961 against a company that no longer existed. The matter came before the Division Bench of Justice B. P. Colabawalla and Justice Amit S. Jamsandekar in Writ Petition No.2033 of 2022. Background of the Case The case was filed by Erangal Comtrade…
