https://www.taxtmi.com/caselaws?id=306741 The Tribunal deemed the assessment proceedings against a non-existent entity as null and void, following the Delhi High Court's ruling. The case was remanded for reassessment under the correct entity. The addition of business income and the issue of setting off unabsorbed depreciation were not addressed separately due to the primary defect in the assessment. The Tribunal allowed the appeal for statistical purposes, directing a fresh assessment by the Assessing Officer in accordance with the law. Other grounds raised by the appellant were dismissed. en-us Thu, 02 May 2019 00:00:00 +0530 Thu, 23 Feb 2023 02:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306741 The Tribunal deemed the assessment proceedings against a non-existent entity as null and void, following the Delhi High Court's ruling. The case was remanded for reassessment under the correct entity. The addition of business income and the issue of setting off unabsorbed depreciation were not addressed separately due to the primary defect in the assessment. The Tribunal allowed the appeal for statistical purposes, directing a fresh assessment by the Assessing Officer in accordance with the law. Other grounds raised by the appellant were dismissed. Case-Laws Income Tax Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306741