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2023 (8) TMI 1286 - DELHI HIGH COURTNotice against non existent/ceased company - scheme of amalgamation being sanctioned - HELD THAT:- As noted in our order it is not in dispute that AO was informed that Anirudh Overseas Pvt. Ltd., i.e., the transferor company, had ceased to exist as it had merged with the respondent/assessee, i.e., Archit Securities Pvt. Ltd. This information was given to the AO via letter dated 28.06.2011; which was filed with him on 27.07.2011. The Tribunal adverted to these very facts and thereafter concluded that having regard to the position of law, the assessment order could not be sustained as it had been passed against an entity which was not in existence - We agree with the view taken by the Tribunal. Decided against revenue.
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