https://www.taxtmi.com/caselaws?id=430104 An assessment initiated and completed in the name of an amalgamating entity that had already ceased to exist is void ab initio where the amalgamation had taken effect before the assessment and the department had been informed of it. The tribunal held that issuing the notice under section 143(2) and the assessment order against a non-existent entity created a jurisdictional defect that was not cured by the successor bank's participation. The contrary Revenue authority was distinguished on facts, and the assessment was quashed in favour of the assessee, leaving the remaining grounds academic. en-us Mon, 31 Oct 2022 00:00:00 +0530 Thu, 10 Nov 2022 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430104 An assessment initiated and completed in the name of an amalgamating entity that had already ceased to exist is void ab initio where the amalgamation had taken effect before the assessment and the department had been informed of it. The tribunal held that issuing the notice under section 143(2) and the assessment order against a non-existent entity created a jurisdictional defect that was not cured by the successor bank's participation. The contrary Revenue authority was distinguished on facts, and the assessment was quashed in favour of the assessee, leaving the remaining grounds academic. Case-Laws Income Tax Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430104