Wrong Name on Assessment Order of non existent Company can’t be cured by section 292B

ACIT  Vs M/s. Mahagun Realtors (P) Ltd, (ITAT Delhi) AO has passed the assessment order u/s 153A of the Act in case of Mahagun Realtors Pvt. Ltd (represented by Mahagun India Pvt. Ltd after amalgamation) despite the fact that the above company has merged with Mahagun India Pvt. Ltd by the order of the Hon’ble Delhi High Court dated 09.2007 w.e.f 01.04.2006. As the information of amalgamation is available with the ld AO that the above assessee company did not exists on the date of the assessment order, we find that the assessment order passed by the ld AO is not sustainable in law. The r...