Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Reopening of assessment u/s 147 against non-existing entity - scheme of the amalgamation and arrangement approved - The High Court acknowledges the petitioner's argument regarding the issuance of notices and assessment orders to a non-existent entity. It finds that the reassessment orders and notices cannot be sustained due to this fundamental flaw. As a result, the court quashes and sets aside the reassessment orders and notices. - The court observes that the reassessment orders failed to consider the legal consequences of the approved scheme of amalgamation and arrangement. - Consequently, the court quashed and set aside the reassessment orders and notices.
Reopening of assessment u/s 147 against non-existing entity - scheme of the amalgamation and arrangement approved - The High Court acknowledges the petitioner's argument regarding the issuance of notices and assessment orders to a non-existent entity. It finds that the reassessment orders and notices cannot be sustained due to this fundamental flaw. As a result, the court quashes and sets aside the reassessment orders and notices. - The court observes that the reassessment orders failed to consider the legal consequences of the approved scheme of amalgamation and arrangement. - Consequently, the court quashed and set aside the reassessment orders and notices.
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