2014 (1) TMI 1807 - SCH - Income Tax

Validity of assessment in the name of a company which had been amalgamated - HC 2011 (8) TMI 544 - DELHI HIGH COURT held that Section 292B are not applicable in such a case. The framing of assessment against a non-existing entity/person goes to the root of the matter which is not a procedural irregularity but a jurisdictional defect as there cannot be any assessment against a dead person - Held that - Delay condoned. Leave granted.

Summary

Supreme Court judgment: 2014 (1) TMI 1807 - SC Order. Justices Ranjana Prakash Desai and Madan B. Lokur presiding. Petitioner represented by Mr. K. Radhakrishnan, Respondent represented by Mr. Ajay Vohra. Delay condoned, leave granted.