https://www.taxtmi.com/caselaws?id=444815 The Telangana HC held that reassessment notices issued under Sections 148A(d) and 148 of the Income Tax Act against a non-existing company following an approved amalgamation scheme were invalid. Following precedents from Maruti Suzuki India Limited (SC), CLSA India (Bombay HC), and Spice Infotainment (Delhi HC), the court ruled that proceedings against a non-existing entity are legally untenable. The writ petition was allowed, and both notices were set aside as bad in law, deciding in favor of the assessee. en-us Wed, 20 Sep 2023 00:00:00 +0530 Sat, 21 Oct 2023 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444815 The Telangana HC held that reassessment notices issued under Sections 148A(d) and 148 of the Income Tax Act against a non-existing company following an approved amalgamation scheme were invalid. Following precedents from Maruti Suzuki India Limited (SC), CLSA India (Bombay HC), and Spice Infotainment (Delhi HC), the court ruled that proceedings against a non-existing entity are legally untenable. The writ petition was allowed, and both notices were set aside as bad in law, deciding in favor of the assessee. Case-Laws Income Tax Wed, 20 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444815