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2021 (4) TMI 1127 - ITAT MUMBAIValidity of reopening of assessment u/s 147 - assessment order had been passed on the amalgamating company - HELD THAT:- As the notice u/s.148 of the Act dated 30/03/2016 was issued in the name of non-existent entity and re-assessment was also framed in the name of non-existent entity. In view of the aforesaid observations and on the facts and circumstances of the instant case and the judicial precedents relied upon hereinabove, we hold that notice u/s.148 of the Act dated 30/03/2016 was issued in the name of (non-existent entity) PHL Holdings Pvt. Ltd. and hence CIT(A) has rightly quashed the same. We affirm the same. Appeal of the Revenue is dismissed.
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