Conversion of Company into LLP: Calcutta HC Quashes Assessment Notice Issued Against Non-Existing Entity

Conversion of Company into LLP - Calcutta HC Quashes Assessment Notice - TAXSCAN

The Calcutta High Court quashes assessment notice issued against non-existing entity on the conversion of a company into a Limited Liability Partnership (LLP). By the writ petition, the petitioner, Virender Kumar and Sons Jewellers LLP, has challenged the impugned order and notice relating to assessment year 2015-16, under Section 148 of the Income Tax Act,…

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