Ratification Order under Income Tax Act Passed on Non Existing Entity is Invalid: ITAT [Read Order]

While dismissing the Revenue's appeal, the Tribunal concluded that the rectification order passed on a non-existent entity is void ab initio
By Yogitha S. Yogesh - On June 4, 2024 5:24 pm - 2 mins read
Income Tax Act - ITAT - Ratification - Income Tax Appellate Tribunal - non-existent entity - Income Tax - taxscan

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) held that a rectification order passed in the name of a non-existent entity, despite informing Revenue regarding its merger is invalid. The Assessing Officer ( AO ) passed an order giving effect to the order of the ITAT for the AY 2006-07. Subsequently,…

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