https://www.taxtmi.com/caselaws?id=439465 The petition challenging the notice issued under section 148 of the Income Tax Act for the Assessment Year 2016-17 was successful. The Court ruled that the notice issued to the non-existent entity post-amalgamation was illegal and lacked jurisdiction. Citing relevant precedents, the Court emphasized that once a company is amalgamated, it ceases to exist independently, rendering any notice in its name invalid. The impugned notice was quashed, allowing the respondents to take appropriate action within the bounds of the law. en-us Tue, 20 Jun 2023 00:00:00 +0530 Mon, 25 Sep 2023 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439465 The petition challenging the notice issued under section 148 of the Income Tax Act for the Assessment Year 2016-17 was successful. The Court ruled that the notice issued to the non-existent entity post-amalgamation was illegal and lacked jurisdiction. Citing relevant precedents, the Court emphasized that once a company is amalgamated, it ceases to exist independently, rendering any notice in its name invalid. The impugned notice was quashed, allowing the respondents to take appropriate action within the bounds of the law. Case-Laws Income Tax Tue, 20 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439465