https://www.taxtmi.com/caselaws?id=763532 Delhi HC held that reassessment proceedings u/s 147 against an amalgamated entity that ceased to exist were invalid and beyond repair. Following precedent in International Hospital Limited, the court ruled that notices or proceedings against dissolved companies or non-existent legal entities invalidate the entire proceedings. The reassessment action was quashed as it was initiated against an entity that no longer existed in law post-amalgamation. Decision favored the assessee. en-us Fri, 13 Dec 2024 00:00:00 +0530 Fri, 20 Dec 2024 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763532 Delhi HC held that reassessment proceedings u/s 147 against an amalgamated entity that ceased to exist were invalid and beyond repair. Following precedent in International Hospital Limited, the court ruled that notices or proceedings against dissolved companies or non-existent legal entities invalidate the entire proceedings. The reassessment action was quashed as it was initiated against an entity that no longer existed in law post-amalgamation. Decision favored the assessee. Case-Laws Income Tax Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763532