https://www.taxtmi.com/caselaws?id=353404 The Tribunal held that the assessment order passed on a non-existent entity post-amalgamation was void ab initio, directing a fresh assessment process with the amalgamated company as the assessee. The issue of excluding certain companies from comparables was remanded for reconsideration. The determination of Arm's Length Price for international transactions required the AO/TPO to provide the assessee with an opportunity to present its case. The Tribunal emphasized the necessity of passing a draft assessment order post-remand to safeguard the assessee's rights, setting aside previous orders and directing compliance with procedural requirements. en-us Fri, 29 Dec 2017 00:00:00 +0530 Wed, 03 Jan 2018 08:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353404 The Tribunal held that the assessment order passed on a non-existent entity post-amalgamation was void ab initio, directing a fresh assessment process with the amalgamated company as the assessee. The issue of excluding certain companies from comparables was remanded for reconsideration. The determination of Arm's Length Price for international transactions required the AO/TPO to provide the assessee with an opportunity to present its case. The Tribunal emphasized the necessity of passing a draft assessment order post-remand to safeguard the assessee's rights, setting aside previous orders and directing compliance with procedural requirements. Case-Laws Income Tax Fri, 29 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353404