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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Validity of assessment against non existent company - AO can ...


Assessment Valid if AO Transposes Amalgamated Company as Assessee; Fresh Notice Needed u/s 142(1) IT Act.

January 3, 2018

Case Laws     Income Tax     AT

Validity of assessment against non existent company - AO can proceed with the assessment proceedings, by transposing the amalgamated company as the assessee and issuing fresh notice u/s 142(1) of the Act and complete the assessment proceedings. - AT

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