2023 (5) TMI 689 - AT - Income Tax

Validity of assessment Order passed in the name of amalgamating company - exercises of jurisdiction by the Ld. AO against non-existing company - HELD THAT:- AO fallen in error in not taking cognizance of the fact of merger of the assessee company and that it had lost legal existence for the purpose of the Act, still the assessment order was passed against non-existing entity. Such order is void ab initio. Additional grounds are allowed.