https://www.taxtmi.com/caselaws?id=234794 The Tribunal upheld the CIT(A)'s decision that the assessment on a dissolved/amalgamated company was invalid, citing precedents that a company ceases to exist post-amalgamation. Consequently, the additions made by the AO were deleted as the foundational assessment was deemed null. The assessee's cross objections were dismissed due to lack of specific arguments. The Tribunal's ruling emphasized that assessments on non-existent entities are void, leading to the dismissal of both the Revenue's appeals and the assessee's cross objections. The judgment was delivered on 21st June 2013. en-us Fri, 21 Jun 2013 00:00:00 +0530 Fri, 28 Jun 2013 05:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234794 The Tribunal upheld the CIT(A)'s decision that the assessment on a dissolved/amalgamated company was invalid, citing precedents that a company ceases to exist post-amalgamation. Consequently, the additions made by the AO were deleted as the foundational assessment was deemed null. The assessee's cross objections were dismissed due to lack of specific arguments. The Tribunal's ruling emphasized that assessments on non-existent entities are void, leading to the dismissal of both the Revenue's appeals and the assessee's cross objections. The judgment was delivered on 21st June 2013. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234794