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2020 (6) TMI 367 - AT - Income TaxAssessment in the name of a non-existent amalgamating company and under a non existent PAN - HELD THAT:- We are in considered agreement with the views so expressed by the coordinate bench, in the light of Maruti Suzuki [2010 (7) TMI 84 - DELHI HIGH COURT]. These observations are in the context of the revision proceedings but the principle remains the same, i.e. an entity, which does not exist any longer, cannot be subjected to being framed assessment on. In the present case, assessee, on which assessment is framed and the PAN number used for the said purpose, did not exist in the eyes of law. To this extent, the issue is squarely covered in favour of the assessee. There can be minor variation on the facts of each case, but these minor variations, without having substantive issue on the main facts, donot really matter. The principle laid down in the judicial precedents clearly applies on these facts.We hold that the assessment on a non-existent entity was bad in law. We accordingly set aside the same.
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