https://www.taxtmi.com/caselaws?id=404366 The Appellate Tribunal ITAT Delhi affirmed the quashing of assessment orders by the Commissioner of Income-tax (Appeals) for the Assessment Years 2008-09, 2009-10 & 2010-11, concerning the non-existent entity M/s. Sarla Fabrics Pvt. Ltd. post its amalgamation with Shahi Exports Pvt. Ltd. The Tribunal held that assessments against non-existing entities are jurisdictional defects, not procedural irregularities, and are legally unsustainable. The Revenue's appeals were dismissed, emphasizing the importance of jurisdictional correctness in assessment proceedings. en-us Wed, 17 Feb 2021 00:00:00 +0530 Mon, 22 Feb 2021 09:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404366 The Appellate Tribunal ITAT Delhi affirmed the quashing of assessment orders by the Commissioner of Income-tax (Appeals) for the Assessment Years 2008-09, 2009-10 & 2010-11, concerning the non-existent entity M/s. Sarla Fabrics Pvt. Ltd. post its amalgamation with Shahi Exports Pvt. Ltd. The Tribunal held that assessments against non-existing entities are jurisdictional defects, not procedural irregularities, and are legally unsustainable. The Revenue's appeals were dismissed, emphasizing the importance of jurisdictional correctness in assessment proceedings. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404366