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Bangalore ITAT Quashes Reassessment on Non-Existent Company After LLP Conversion
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AdvertisementCyberstar Infocom LLP Vs ITO (ITAT Bangalore) Bangalore ITAT Quashes Reassessment Orders Passed on Non-Existent Company After Conversion into LLP he Bangalore ITAT quashed reassessment orders for four assessment years, holding that an assessment framed in the name of a company after its conversion into an LLP is void ab initio, where the Assessing Officer had been duly informed of the conversion before completion of the reassessment.
The assessee, Cyberstar Infocom Pvt.
Ltd., had been converted into Cyberstar Infocom LLP on 27 April 2018.
The LLP informed the jurisdictional Assessing Officer o...