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2021 (9) TMI 280 - AT - Income TaxAssessment on a non-existent entity - assessment in the name of the amalgamating company - Whether a curable defect as per Section 292B? - demand u/s 115QA - HELD THAT:- As decided in GENPACT INDIA PVT. LTD. VERSUS DCIT CIRCLE-10 (1) NEW DELHI [2020 (7) TMI 712 - ITAT DELHI] once it is found that assessment is framed in the name of non-existing entity, it does not remain a procedural irregularity of the nature which could be cured by invoking the provisions of Section 292B of the Act. Hence, the Assessment proceedings as well as the Assessment order itself are void ab initio. Therefore, assessment order is set aside. - Decided in favour of assessee.
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