Assessment Order against Non-existing Entity after Merger is Invalid: ITAT [Read Order]

Assessment Order - Non-existing Entity - ITAT - Taxscan

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the assessment order against a non-existing entity after its merger is invalid under the Income Tax Act, 1961. The assessment was processed u/s 143(1) of the Act vide intimation dated 09/08/2007 against the assessee. Subsequently, the case was reopened under section 147 of the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader