SC Quashed Income Tax Assessment as Notice Issued to Non-Existing Company After Merger

CIT Vs Shell India Markets Pvt. Ltd. (Supreme Court of India) The matter arose from an appeal filed by the Revenue under Section 260A of the Income-tax Act, 1961 relating to Assessment Year 2007-08. The appeal challenged the decision of the Income Tax Appellate Tribunal (ITAT), which had quashed an assessment order issued by the Assessing Officer. The Revenue proposed several substantial questions of law before the court. The principal issue raised by the Revenue concerned whether the Tribunal was correct in treating the assessment order as a nullity due to a technical error in the name of th...