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2022 (12) TMI 524 - AT - Income TaxValidity of Order on a non-existing entity - order as it is passed on a non-existing entity i.e. erstwhile Marlabs Software Pvt. Ltd - approved scheme of amalgamation - HELD THAT:- Respectfully following in case of PCIT vs. Maruti Suzuki India Ltd. [2019 (7) TMI 1449 - SUPREME COURT] we hold that, since the assessee ceased to be in existence as on the date when the Ld.AO passed the impugned order of assessment, the assessment so framed is not sustainable in the eye of law. The final order of assessment is therefore liable to be annulled, and is hereby annulled. Assessee’s appeal stands allowed.
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