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    <title>2026 (9) TMI 1180 - DELHI HIGH COURT</title>
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    <description>Revenue&#039;s proposal to drop reassessment proceedings against the purchasing company rendered the reassessment notice and all consequential proceedings unsustainable, notwithstanding its reserved right to proceed against the seller company. The reassessment notice and resulting proceedings against the purchasing company were quashed, as the stated withdrawal left no basis for their continuation in law thereafter.</description>
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      <description>Revenue&#039;s proposal to drop reassessment proceedings against the purchasing company rendered the reassessment notice and all consequential proceedings unsustainable, notwithstanding its reserved right to proceed against the seller company. The reassessment notice and resulting proceedings against the purchasing company were quashed, as the stated withdrawal left no basis for their continuation in law thereafter.</description>
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