Notices and proceedings initiated against amalgamated company is bad-in-law

Virchow Drugs Limited Vs ITO (Telangana High Court)

Telangana High Court has held that notices and proceedings initiated against the amalgamated Company (i.e. non-existing company) deserves to be set aside/quashed. Accordingly, entire proceedings held as bad-in-law.

Facts- The instant writ petition has been filed by the petitioner assailing the order passed by the respondent No.1/The Income Tax Officer u/s. 148A (d) of the Income Tax Act, 1961 for the assessment year 2016-

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