Notice issued u/s 148A(B) of Income Tax Act against dissolved Firm Is Invalid: Gujarat HC

The Gujarat High Court ruled that a notice issued under Section 148A(b) of the Income Tax Act against a dissolved firm is invalid. The court emphasized that once a firm is dissolved, it ceases to exist legally, and any notice issued to it is not tenable. The case involved a dissolved partnership firm that received a notice for reassessment. The court held that the notice and subsequent order were not sustainable, as the firm had already been dissolved and was no longer a legal entity. This ruling underscores the importance of ensuring that notices are issued to legally existing entities.