ITAT quashed assessment order passed in name of Co. which was already amalgamated with another Co.

INCOME TAX: Where pursuant to scheme of amalgamation as approved by High Court, a company was merged with assessee company and amalgamating company was not in existence at time of conduct of assessment proceedings as well as on date of passing Assessment Order, Assessment Order passed in name of amalgamating company being void ab initio was to be set aside

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