Q7 · UPPSC current affairs · 8 September 2026 · News · Supreme Court GST Demand Dismissal Non Existent Entity Vodafone Idea

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English हिंदी

Consider the following statements regarding tax assessment notices issued after corporate mergers:1.Tax assessment notices issued against a non-existent merged entity are legally void.2.Such notices can be retrospectively validated by the Ministry of Finance under emergency taxation powers.Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because tax proceedings cannot be initiated against a non-existent entity, making notices void ab initio. Statement 2 is incorrect because statutory jurisdictional defects cannot be arbitrarily cured in this manner.

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