Document Fragment View
Fragment Information
Showing contexts for: nonexistent entity in Pesak Ventures Ltd., Gurgaon vs Dcit (International Taxation), New ... on 19 June, 2018Matching Fragments
4.13 The Special Leave Petition No. 7409/2018 filed by the assessee has also been dismissed by the Hon'ble Supreme Court on 06/04/2018 by observing that 'wrong name given in the notice was merely a clerical error, which could be corrected under section 292B of the Income-tax Act'.
4.14 We note that in the above cases, the nonexistence entity has been succeeded by either the amalgamated company or by a limited liability partnership respectively. Thus, these are the cases of succession of entity and not of winding up of the entity.