https://www.taxtmi.com/caselaws?id=756350 HC held the scheme took effect on 01.04.2012, so the transferor company ceased to exist from that date and its tax liabilities merged into the transferee. Consequently, the Revenue should pursue the transferee for assessment and not the non-existent transferor. The impugned assessment orders against the transferor were quashed and the writ petitions allowed. en-us Tue, 16 Jul 2024 00:00:00 +0530 Mon, 15 Sep 2025 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756350 HC held the scheme took effect on 01.04.2012, so the transferor company ceased to exist from that date and its tax liabilities merged into the transferee. Consequently, the Revenue should pursue the transferee for assessment and not the non-existent transferor. The impugned assessment orders against the transferor were quashed and the writ petitions allowed. Case-Laws Income Tax Tue, 16 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756350