https://www.taxtmi.com/caselaws?id=404566 The Karnataka High Court upheld the Tribunal's decision that the assessment order passed in the name of a non-existent entity (QGSL) post-merger was invalid. The Court emphasized that such an order constitutes a jurisdictional defect, not a procedural irregularity, and cannot be rectified under Section 292B of the Income Tax Act. This ruling aligns with precedents set by the Delhi High Court and the Supreme Court, ensuring consistency and certainty in tax litigation. en-us Thu, 04 Feb 2021 00:00:00 +0530 Thu, 25 Feb 2021 09:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404566 The Karnataka High Court upheld the Tribunal's decision that the assessment order passed in the name of a non-existent entity (QGSL) post-merger was invalid. The Court emphasized that such an order constitutes a jurisdictional defect, not a procedural irregularity, and cannot be rectified under Section 292B of the Income Tax Act. This ruling aligns with precedents set by the Delhi High Court and the Supreme Court, ensuring consistency and certainty in tax litigation. Case-Laws Income Tax Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404566