https://www.taxtmi.com/caselaws?id=352383 The ITAT quashed the assessment framed by the AO on the non-existent amalgamated company, deeming it void ab initio. Consequently, the Department's appeal was dismissed, and the assessee's cross-objections were allowed. The Tribunal emphasized that assessments on non-existent entities are jurisdictional defects, not procedural irregularities, and cannot be cured under Section 292B of the Act. The Tribunal did not provide separate findings on other issues raised by the Department due to the quashing of the assessment order. en-us Thu, 30 Nov 2017 00:00:00 +0530 Wed, 14 Feb 2018 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352383 The ITAT quashed the assessment framed by the AO on the non-existent amalgamated company, deeming it void ab initio. Consequently, the Department's appeal was dismissed, and the assessee's cross-objections were allowed. The Tribunal emphasized that assessments on non-existent entities are jurisdictional defects, not procedural irregularities, and cannot be cured under Section 292B of the Act. The Tribunal did not provide separate findings on other issues raised by the Department due to the quashing of the assessment order. Case-Laws Income Tax Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352383