Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (12) TMI 1308 - HC - Income TaxProceedings under Section 153A/C - Amalgamation of two companies - Assessment to be made on which entity – Held that:- This appeal by the Revenue has to be dismissed in view of the decision of this Court in Commissioner of Income Tax-III versus Dimension Apparels Private Limited [2014 (11) TMI 181 - DELHI HIGH COURT ].Noticeably, the Assessing Officer during the course of the proceedings under Section 153A/C of the Income Tax Act, 1961 was informed about the amalgamation, which resulted in dissolution of the respondent-assessee, but no remedial or effective steps were taken. The appeal is accordingly dismissed.
|