https://www.taxtmi.com/caselaws?id=336227 The Court quashed the impugned notices under Section 148 of the Income Tax Act issued to reopen assessments for the Assessment Year 2009-10 against the amalgamating Company. Relying on a previous ruling, the Court held that post-amalgamation, notices against the non-existent amalgamating Company were invalid. The Court recommended assessing the transferee Company instead. As a result, all petitions were successful, and the impugned notices were set aside, emphasizing that such notices against the non-existent amalgamating Company were unsustainable. en-us Mon, 05 Dec 2016 00:00:00 +0530 Sat, 17 Dec 2016 18:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336227 The Court quashed the impugned notices under Section 148 of the Income Tax Act issued to reopen assessments for the Assessment Year 2009-10 against the amalgamating Company. Relying on a previous ruling, the Court held that post-amalgamation, notices against the non-existent amalgamating Company were invalid. The Court recommended assessing the transferee Company instead. As a result, all petitions were successful, and the impugned notices were set aside, emphasizing that such notices against the non-existent amalgamating Company were unsustainable. Case-Laws Income Tax Mon, 05 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336227