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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Maintainability of appeal filed by the erstwhile company before ...


High Court Overrules Tribunal, Recognizes Automatic Transfer of Appeals in Company Amalgamation Case.

July 31, 2020

Case Laws     Income Tax     HC

Maintainability of appeal filed by the erstwhile company before amalgamation - without considering the order of the High Court in the matter of amalgamation and the automatic transfer of litigations of transferor companies into transferee company, the Tribunal has simply rejected the appeal, on the ground that the appeal was filed in the name of non-existing person. We do not agree with the said finding of the Tribunal as the same is not legally sustainable.- HC

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