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2018 (2) TMI 1759 - AT - Income TaxValidity of assessment passed after amalgamation of company - Transfer pricing - transactions pertaining to export of certain finished goods and Marketing Support Services (MSS) provided to group companies - determination of arm's length price - Held that:- where ANCIL had amalgamated with ANIL and necessary intimation in this regard was given to the Assessing Officer, who have also raised specific query in this regard but has failed to take cognizance of the facts of present case and the submissions made during the course of assessment proceedings and TP proceedings, we hold that assessment order passed in the name of ANCIL does not stand being an order passed on a non-existing entity. Accordingly, we quash the assessment order passed in the case. - Decided in favor of assessee.
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