https://www.taxtmi.com/caselaws?id=756216 The Madras HC quashed an assessment order issued in the name of an amalgamating company that was not in existence at the time the order was passed. Following the SC precedent in Maruti Suzuki, the court held that assessment orders cannot be validly issued in the name of non-existent entities. The assessment order against the amalgamating company was therefore unsustainable and was quashed, though authorities retained liberty to proceed according to law. en-us Tue, 27 Feb 2024 00:00:00 +0530 Mon, 29 Jul 2024 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756216 The Madras HC quashed an assessment order issued in the name of an amalgamating company that was not in existence at the time the order was passed. Following the SC precedent in Maruti Suzuki, the court held that assessment orders cannot be validly issued in the name of non-existent entities. The assessment order against the amalgamating company was therefore unsustainable and was quashed, though authorities retained liberty to proceed according to law. Case-Laws Income Tax Tue, 27 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756216