{"id":58177,"date":"2026-01-10T10:08:38","date_gmt":"2026-01-10T04:38:38","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pmp-auto-components-p-ltd-v-dcit-2024-159-taxmann-com-307-bom-hc\/"},"modified":"2026-01-10T10:08:38","modified_gmt":"2026-01-10T04:38:38","slug":"pmp-auto-components-p-ltd-v-dcit-2024-159-taxmann-com-307-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pmp-auto-components-p-ltd-v-dcit-2024-159-taxmann-com-307-bom-hc\/","title":{"rendered":"PMP Auto Components (P.) Ltd v. DCIT [2024] 159 taxmann.com 307 (Bom.)(HC)"},"content":{"rendered":"<p>The Assessing Officer issued a notice under section 148 to a company that had already ceased to exist following its amalgamation with the petitioner-company. The High Court, quashing the notice, held that its issuance to a non-existent entity was a fundamental jurisdictional defect. Following the precedent set by the Supreme Court, the Court clarified that such an error is not a mere procedural or clerical mistake that can be rectified under section 292B of the Income-tax Act, 1961. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148 : Reassessment-Notice-Amalgamation-Non existing company-Notice to non-existent amalgamating company is fundamentally invalid-Error is not a mere procedural or clerical mistake that can be rectified under section 292B of the Income-tax Act, 1961.  [S. 147, 292B,  Art. 226] <\/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-58177","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-f8l","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58177","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=58177"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58177\/revisions"}],"predecessor-version":[{"id":58178,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/58177\/revisions\/58178"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=58177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=58177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=58177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}