Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148

The ITAT ruled that an income tax reassessment notice served to a merged entity is void ab initio. The reassessment was challenged on the grounds that the notice was issued to the wrong legal entity after the merger. The Tribunal held that such notices, when directed at an entity that no longer exists as a separate legal entity, are invalid and cannot stand. The decision highlights the procedural importance of issuing tax notices to the correct legal entities, especially following mergers and acquisitions.