Assessment order passed against non-existent company - Merger of ...

Assessment Order Annulled as Target Company Ceased to Exist Post-Merger, Rendering Order Legally Unsustainable.

July 22, 2021

Case Laws Income Tax AT

Assessment order passed against non-existent company - Merger of company as per the scheme of Amalgamation into other company - Since the assessee company ceased to be in existence as on the date when the AO passed the order of assessment, assessment so framed is not sustainable in the eyes of law, being a nullity. The order of assessment is liable to be annulled and is hereby annulled. - AT

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Assessment order passed against non-existent company - Merger of ...

Assessment Order Annulled as Target Company Ceased to Exist Post-Merger, Rendering Order Legally Unsustainable.

July 22, 2021

Case Laws Income Tax AT

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