https://www.taxtmi.com/caselaws?id=309708 The Tribunal held that the Income-tax Officer lacked jurisdiction to assess Tecalemit (India) Ltd. as the successor to the non-resident company. The assessment on the Indian company was deemed null and void, as the non-resident company, the predecessor, was available for assessment. The Tribunal emphasized that section 170(2) could only be invoked when the predecessor could not be found, which was not the case here. Consequently, the Tribunal ruled in favor of the assessee, concluding that the assessment on Tecalemit (India) Ltd. was without jurisdiction. en-us Tue, 12 Sep 1989 00:00:00 +0530 Mon, 18 Sep 2023 16:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309708 The Tribunal held that the Income-tax Officer lacked jurisdiction to assess Tecalemit (India) Ltd. as the successor to the non-resident company. The assessment on the Indian company was deemed null and void, as the non-resident company, the predecessor, was available for assessment. The Tribunal emphasized that section 170(2) could only be invoked when the predecessor could not be found, which was not the case here. Consequently, the Tribunal ruled in favor of the assessee, concluding that the assessment on Tecalemit (India) Ltd. was without jurisdiction. Case-Laws Income Tax Tue, 12 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309708