Sec. 263 notice issued in name of non-existent entity which had been merged with another co. not valid

IT : Where subsequent to merger of a company namely 'KKPL' with assessee, Commissioner issued a notice under section 263 in name of 'KKPL', since said company ceased to exist as a result of order of merger passed by High Court, subsequent issuance of notice and consequential revisional order were in respect of a non-existent entity which were clearly void ab initio

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