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2019 (3) TMI 1803 - AT - Income TaxAssessment on a non-existing entity - Scheme of merger conceived and informed - HELD THAT:- Even the AO was informed vide letter regarding merger of SBT with Siemens Technologies Limited. Once, this is a position and it is a fact that this information was within the knowledge of the Revenue regarding merger, the consequent assumptions are void ab initio and hence, liable to be quashed. Accordingly, we quashed the assessment being without jurisdiction. The appeal of assessee is allowed.
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