Assessment against a non-existent entity is nullity in the eyes of law

Vertex Customer Management India Pvt. Ltd. Vs DCIT (ITAT Delhi) Conclusion: Framing of an assessment against a non-existent amalgamating entity was not procedural irregularity but a jurisdictional defect not covered under section 292B, therefore, assessment made by AO was nullity in the eyes of law and the same was liable to be quashed. Held: The issue arose for consideration was AO on  being intimated/informed of the fact of amalgamation still the AO chose to pass the assessment order in the name of the non-existent company amalgamating company. Assessee contended that since the order had be...