https://www.taxtmi.com/caselaws?id=422370 The Court allowed the writ petition, ruling that the reassessment notice issued under Section 148 of the Income Tax Act, 1961 in the name of a non-existent company, which had been amalgamated with the petitioner company, was invalid. The Court noted that the assessment for the petitioner company was still pending before the Dispute Resolution Panel for the relevant year, and therefore, the reassessment notice was deemed improper. The respondent was given liberty to proceed lawfully, while the petitioner retained the right to seek remedies if aggrieved by future actions of revenue authorities. en-us Tue, 10 May 2022 00:00:00 +0530 Fri, 13 May 2022 07:52:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422370 The Court allowed the writ petition, ruling that the reassessment notice issued under Section 148 of the Income Tax Act, 1961 in the name of a non-existent company, which had been amalgamated with the petitioner company, was invalid. The Court noted that the assessment for the petitioner company was still pending before the Dispute Resolution Panel for the relevant year, and therefore, the reassessment notice was deemed improper. The respondent was given liberty to proceed lawfully, while the petitioner retained the right to seek remedies if aggrieved by future actions of revenue authorities. Case-Laws Income Tax Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422370