Assessment Order u/s 148 of Income Tax Act passed without considering merging of Transferor Company: Madras HC sets aside Assessment Order [Read Order]

By Yogitha S. Yogesh - On November 16, 2023 3:30 pm - 2 mins read
Assessment - Income Tax Ac - Merging - Transferor Company - Madras High Court - Assessment Order - taxscan

The Madras High Court set aside an assessment order under section 148 of the Income Tax Act, 1961 passed without Considering the Merging of Transferor Company. M/s.Shapoorji Pallonji Samalpatti Operator Services Private Limited, the petitioner challenged the impugned assessment order passed by the second respondent under Section 147 r/w Section 144 of the Income Tax…

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