Order passed against non-existent entity is liable to be quashed: ITAT Delhi

Boeing India Pvt. Ltd. Vs ACIT (ITAT Delhi) ITAT Delhi held that passing of an order in the name of an entity which has merged with another entity will make the order void ab initio. Accordingly, the impugned assessment order passed in the name of a non-existent entity is void ab initio and hence liable to be quashed. Facts- The assessee earlier known as Boeing International Corporation India Ltd. is a resident corporate entity. For the assessment year under dispute, the assessee filed its return of income u/s. 139(1) of the Act on 29.11.2016 declaring income of Rs.60,55,17,000. Subsequent to ...