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HomeDirect TaxBombay High Court Quashes Income Tax Reassessment Against A Company Converted Into...

Bombay High Court Quashes Income Tax Reassessment Against A Company Converted Into LLP

Direct Tax

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By Mariya Paliwala
Bombay High Court Quashes Income Tax Reassessment Against A Company Converted Into LLP

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The Bombay High Court has quashed a reassessment notice and subsequent assessment order issued by the Income Tax Department to a company that had already been converted into an LLP years earlier. A Division Bench of Justices B. P. Colabawalla and Amit S. Jamsandekar held that the notice issued under Section 148 for Assessment Year…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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