Wandel Global Services Pvt. Ltd. (Struck off) vs. ITO, Ward-15(3)(1)
Case No: I.T.A. No.5874/Mum/2025
Court: Income Tax Appellate Tribunal (ITAT), 'SMC' Bench, Mumbai
Date: 1/27/2026
Parties Involved
appellantWandel Global Services Pvt. Ltd. (Struck off)
respondentITO, Ward-15(3)(1)
Facts Summary
The assessee-company, Wandel Global Services Pvt. Ltd., did not file its return for the Assessment Year 2013-14. However, it was revealed that the company had deposited Rs. 3,50,000 in cash in Karnataka Bank. The case was reopened under section 147 of the Income Tax Act, and a notice was issued under section 148. Despite repeated requests, the company did not file the return. Consequently, the Assessing Officer (AO) passed an order under section 144 read with section 147, making additions to the…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the reassessment proceedings can be conducted on an assessee whose name has been struck off by the ROC.
- 2. Whether the order of the CIT(A) to restore the matter for fresh assessment is valid.
Precedents Relied Upon
6 precedents cited in this judgement.