https://www.taxtmi.com/caselaws?id=442217 A reassessment notice issued under section 148 to a company that had already ceased to exist after sanctioned amalgamation was treated as void for lack of jurisdiction. The amalgamation had taken effect from the appointed date, and the revenue had been informed of the merger before the notices were issued, yet the notices were still addressed to the transferor company. The court applied the principle that once the amalgamating entity has dissolved pursuant to a sanctioned scheme, it cannot be proceeded against for reassessment, and distinguished later authority on amalgamation-related reassessment on the facts. The notices were therefore unenforceable. en-us Mon, 07 Aug 2023 00:00:00 +0530 Fri, 13 Oct 2023 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442217 A reassessment notice issued under section 148 to a company that had already ceased to exist after sanctioned amalgamation was treated as void for lack of jurisdiction. The amalgamation had taken effect from the appointed date, and the revenue had been informed of the merger before the notices were issued, yet the notices were still addressed to the transferor company. The court applied the principle that once the amalgamating entity has dissolved pursuant to a sanctioned scheme, it cannot be proceeded against for reassessment, and distinguished later authority on amalgamation-related reassessment on the facts. The notices were therefore unenforceable. Case-Laws Income Tax Mon, 07 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442217