The assessment order was passed in the name of the company which was dissolved by the Registrar of Company and its\u00a0 name has been struck off . On appeal the CIT(A) held that the assessment order was without jurisdiction and bad in law . On appeal the Tribunal held that the AO has not sent any notice u\/s 148 to the Registered Office address either through registered post or speed post and the AO has not made no efforts to serve notice through Affixtures . The Tribunal also held that there was no power of attorney of Shri Anand Sharma CA given by the assessee , in such circumstances even if\u00a0\u00a0 any notice served on shri Anand Sharma would be no consequences\u00a0 in the absence of any valid authority \/ authorisation . The Tribunal also held that section 292BB was not applicable . Accordingly the appeal of the Department was dismissed . On appeal the High Court affirmed the order of the Tribunal and held that section 292BB of the Act\u00a0 cannot be given retrospective effect . ( ITA No. 47 of 2020 dt .9-11 -2021 )(AY. 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 148 : Reassessment \u2013Notice -Name struck off – Notice served on person not authorised by the assessee is not valid service \u2013 Assessment order was quashed – Section 292BB is prospective and applicable from AY. 2009 -10 onwards [ S.147, 282, Code of Civil Procedure 1908, Order, 5 ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-29828","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7L6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=29828"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29828\/revisions"}],"predecessor-version":[{"id":29829,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29828\/revisions\/29829"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}