Assessment on Amalgamated Bank’s Predecessor Held Void; ITAT Quashes Order Passed in Name of Non-Existent Syndicate Bank

Canara Bank (Erstwhile Syndicate Bank) Vs DCIT (ITAT Bangalore) Assessment on Amalgamated Bank’s Predecessor Held Void; ITAT Quashes Order Passed in Name of Non-Existent Syndicate Bank The Bangalore ITAT quashed an assessment framed in the name of Syndicate Bank, holding that the assessment order was passed against a non-existent entity after its amalgamation with Canara Bank. The Tribunal reiterated that an assessment made in the name of a dissolved or amalgamated entity is a jurisdictional defect that renders the order void ab initio. In this case, Syndicate Bank stood amalgamated with Can...