The notice u/s 148 was issued to non-existing entity. The assessee challenged the said notice by filing writ petition. Allowing the petition the Court held that notice issued to non-existing entity is bad in law which could not be corrected u/s. 292B of the Act. The notice issued was quashed. (WP (L.) No. 14088 of 2021 dt. 25-10-2021)
Implenia Services and Solutions Pvt. Ltd. v. Dy.CIT (Bom.)(HC) (UR)
S. 148 : Reassessment-Notice-Notice issued to non-existing entity-Notice invalid-Notice could not be corrected u/s. 292B of the Act. [S. 292B, Art. 226]