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Income Tax Assessment Against Amalgamated Entity Invalid as Company Ceased to Exist
Case Law Details
- Case Name
- HCL Infosystems Ltd Vs DCIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- All ITAT, ITAT Delhi
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HCL Infosystems Ltd Vs DCIT (ITAT Delhi)
The Income Tax Appellate Tribunal (ITAT), Delhi, considered an appeal filed against the order dated 16.07.2019 passed by the Commissioner of Income Tax (Appeals) for Assessment Year 2006-07. The dispute arose from an assessment order dated 07.12.2018 passed under Sections 143(3), 254, and 250 of the Income Tax Act.
The original return of income was filed by HCL Infinet Ltd. declaring income of Rs. 2,30,72,99,650 on 15.03.2007. The assessment was completed on 30.12.2008 with additions leading to assessed income of Rs. 2,32,45,33,297. Sub...




