https://www.taxtmi.com/caselaws?id=765169 ITAT Ahmedabad held that a revision order under Section 263 passed in the name of a non-existing entity following an approved amalgamation scheme is void ab-initio. The tribunal relied on SC precedent in PCIT v. Maruti Suzuki India Ltd, establishing that assessment orders passed in the name of amalgamated companies that have lost legal existence are without jurisdiction. Since the tax authorities were properly notified of the amalgamation, the order was set aside in favor of the assessee. en-us Thu, 23 Jan 2025 00:00:00 +0530 Mon, 27 Jan 2025 08:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765169 ITAT Ahmedabad held that a revision order under Section 263 passed in the name of a non-existing entity following an approved amalgamation scheme is void ab-initio. The tribunal relied on SC precedent in PCIT v. Maruti Suzuki India Ltd, establishing that assessment orders passed in the name of amalgamated companies that have lost legal existence are without jurisdiction. Since the tax authorities were properly notified of the amalgamation, the order was set aside in favor of the assessee. Case-Laws Income Tax Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765169