2017 (12) TMI 1648

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..... ecision of the Income Tax Appellate Tribunal ("ITAT") which upheld the appellate Commissioner's order nullifying the assessments made for AY 2012-13. In this case M/s Xenial Investments Pvt. Ltd., the original assessee filed a return of income on 01.11.2004 under Section 115JB of the Income-tax Act, 1961. The original assessment was completed but the matter was remitted on two occasions. In th .....

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..... . 2. The revenue urges in support of its appeal that the distinguishing feature of this case is that after repeated remand, the AO completed the assessment after noticing that the matter had been centralized under Section 127 and further taken care to mention the name of the merged or amalgamated entity, i.e., Adhunik Technology Pvt. Ltd. 3. In the opinion of the Court, the settled position indi .....

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