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2016 (4) TMI 1130 - AT - Income TaxValidity of assessment against non-existing companies - Held that:- First two companies (OB&RPL and OSPL) are without reference to the name of the amalgamated company-OCL. Therefore, the assessments made are obviously on the amalgamating companies. Regarding the third one, there is a reference to the cited company-OCL as shown in the brackets below the OB&RPL. But, the PAN mentioned against PAN / GIR No. relates to the amalgamating company-OB&RPL. Therefore, we infer that the identity of the assessee, on which assessments were made, relates to the name of the amalgamating company. In all three cases, the statutory notices were issued in the name of the amalgamating company. Considering the above, we are of the opinion that the assessments completed in the names of the non-existing companies and therefore, they have to be held as void ab initio - Decided in favour of assessee
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