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Case Name : Nivedan Commerce Pvt. Ltd Vs Income Tax Central Circle 1 And Others (Madhya Pradesh High Court)
Related Assessment Year :
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Nivedan Commerce Pvt. Ltd Vs Income Tax Central Circle 1 And Others (Madhya Pradesh High Court)

Amalgamation No Shield for Escaped Income – ₹11.64 Crore Transactions Surface – HC Says Notices to Amalgamating Company Valid; Merger Cannot Wipe Out Tax Liability – MP High Court Upholds Validity of Reassessment Notice u/s 148

The Madhya Pradesh High Court, Indore Bench, dismissed a writ petition challenging reassessment proceedings initiated u/s 148A & 148. The Court held that

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