https://www.taxtmi.com/caselaws?id=794672 Assessment framed under section 143(3) in the name of an amalgamating company that had ceased to exist after amalgamation was held void ab initio, because once the merger took effect the amalgamating entity lost its legal identity and the defect was jurisdictional, not merely procedural. The Tribunal also admitted the additional ground since the relevant facts were already on record and no fresh inquiry was needed. As a result, the assessment order was quashed, and the challenge to the addition under section 56(2)(viib) was left academic and not adjudicated. en-us Mon, 29 Jun 2026 00:00:00 +0530 Thu, 09 Jul 2026 08:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794672 Assessment framed under section 143(3) in the name of an amalgamating company that had ceased to exist after amalgamation was held void ab initio, because once the merger took effect the amalgamating entity lost its legal identity and the defect was jurisdictional, not merely procedural. The Tribunal also admitted the additional ground since the relevant facts were already on record and no fresh inquiry was needed. As a result, the assessment order was quashed, and the challenge to the addition under section 56(2)(viib) was left academic and not adjudicated. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794672