https://www.taxtmi.com/caselaws?id=785360 The text addresses whether income and disallowances of a predecessor for a period before amalgamation can be merged and assessed in the hands of the successor by a single reassessment order. It concludes that where the predecessor remained a separate taxable entity for the relevant year, its income and disallowances cannot be clubbed with the successors income in one composite reassessment; any assessment of predecessors pre-amalgamation income must be undertaken separately and, if applicable, strictly under the representative assessment provisions. Consequently, composite reassessment treating predecessor income as successor income is legally unsustainable. en-us Tue, 13 Jan 2026 00:00:00 +0530 Mon, 19 Jan 2026 17:55:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785360 The text addresses whether income and disallowances of a predecessor for a period before amalgamation can be merged and assessed in the hands of the successor by a single reassessment order. It concludes that where the predecessor remained a separate taxable entity for the relevant year, its income and disallowances cannot be clubbed with the successors income in one composite reassessment; any assessment of predecessors pre-amalgamation income must be undertaken separately and, if applicable, strictly under the representative assessment provisions. Consequently, composite reassessment treating predecessor income as successor income is legally unsustainable. Case-Laws Income Tax Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785360