https://www.taxtmi.com/caselaws?id=463209 The ITAT Ahmedabad held that an assessment order passed against a non-existent entity, which had been amalgamated, is invalid and quashed the entire assessment. The tribunal relied on the Supreme Court decision in Maruti Suzuki, which rejected the Revenue's argument that such an error was merely technical under section 292B. The tribunal also dismissed the Revenue's contention regarding the assessee's failure to object under section 124(3), clarifying that this provision applies only to jurisdictional objections, not to assessments on non-existent entities. The assessee's appeal was allowed. en-us Wed, 12 Feb 2025 00:00:00 +0530 Wed, 13 Aug 2025 19:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463209 The ITAT Ahmedabad held that an assessment order passed against a non-existent entity, which had been amalgamated, is invalid and quashed the entire assessment. The tribunal relied on the Supreme Court decision in Maruti Suzuki, which rejected the Revenue's argument that such an error was merely technical under section 292B. The tribunal also dismissed the Revenue's contention regarding the assessee's failure to object under section 124(3), clarifying that this provision applies only to jurisdictional objections, not to assessments on non-existent entities. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463209