Daily digest for Gupta Chandan & Associates, on December 11, 2020

posted: "INCOME TAX : Where assessee-company got amalgamated with another company and, at a later date, resulting/amalgamated company got converted into a LLP, but Assessing Officer framed assessment order in name of erstwhile company which was a non-existent enti" New post on Gupta Chandan & Associates Amount paid over net book value of assets & liabilities acquired in amalgamation eligible for depreciation INCOME TAX : Where assessee-company got amalgamated with another company and, at a later date, resulting/amalgamated company got converted into a LLP, but Assessing Officer framed assessment order in name of erstwhile company which was a non-existent entity at that point of time, assessment made by Assessing Officer was void-ab-initio and nullity in eye of […] Read more of this post December 11, 2020 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-IX Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/amount-paid-over-net-book-value-of-assets-liabilities-acquired-in-amalgamation-eligible-for-depreciation/