ITAT Voids Assessment in Name of Non-Existent Company

SoftwareONE India Pvt Vs ACIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) in Delhi has declared an income tax assessment against SoftwareONE India Pvt. Ltd. void from the beginning. The tribunal found that the assessment was framed in the name of a non-existent entity, Comparex India Private Limited, despite the fact that the company had already merged with SoftwareONE India Pvt. Ltd. and had officially notified the tax authorities of this change. The case originated from the assessment year 2020-21. Comparex India Private Limited had filed its return of income, but an order from the...