Supreme Court settles assessment order validity when issued to a non-existent company in tax cases: PCIT vs. Maruti Suzuki (25 July 2019)

/ Amalgamation of Companies, Assessment Proceedings, Companies Act, 1956, Companies Act, 1956 with Section 394, Dhananjaya Y Chandrachud, Income Tax Act, 1961, Income Tax Act, 1961 with Section 143(2), Income Tax Act, 1961 with Section 292B, Indira Banerjee, Judges

Supreme Court on Assessment Order in the Name of Non-Existent Company: PCIT vs. Maruti Suzuki (2019) LEGAL ISSUE: Whether an assessment order issued in the name of an amalgamated company, which ceased to exist, is valid under the Income Tax Act, 1961. CASE TYPE: Income Tax Law Case Name: Pr. Commissioner of Income Tax, New […]

Supreme Court settles assessment order validity when issued to a non-existent company in tax cases: PCIT vs. Maruti Suzuki (25 July 2019) Read Post »