Reassessment Proceedings Initiated Against A Dissolved Succeeded Firm Are Non-Est And Void Ab Initio
Reassessment Proceedings Initiated Against A Dissolved Succeeded Firm Are Non-Est And Void Ab Initio Issue Whether reassessment proceedings under Section 147 initiated and finalized in the name of a dissolved partnership firm—whose running business was succeeded as a going concern by a company—are void ab initio, or saved by Section 189(1). Facts The assessee was… Read More »