https://www.taxtmi.com/caselaws?id=788272 Assessment proceedings initiated and completed in the name of an amalgamating transferor company that had ceased to exist under an approved amalgamation scheme are jurisdictionally defective where tax authorities received timely intimation and the resultant company repeatedly objected. Notices under Sections 142(1) and 143(3) read with 144B, together with consequential demand and penalty notices, cannot validly be issued solely against the non-existent entity. The defect is not cured where proceedings continue despite knowledge of the amalgamation, unlike situations involving no intimation or proceedings in both entities' names. The impugned notices, assessment order, demand and penalty proceedings were void and quashed. en-us Wed, 04 Mar 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788272 Assessment proceedings initiated and completed in the name of an amalgamating transferor company that had ceased to exist under an approved amalgamation scheme are jurisdictionally defective where tax authorities received timely intimation and the resultant company repeatedly objected. Notices under Sections 142(1) and 143(3) read with 144B, together with consequential demand and penalty notices, cannot validly be issued solely against the non-existent entity. The defect is not cured where proceedings continue despite knowledge of the amalgamation, unlike situations involving no intimation or proceedings in both entities' names. The impugned notices, assessment order, demand and penalty proceedings were void and quashed. Case-Laws Income Tax Wed, 04 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788272