MAN DIESEL AND TURBO INDIA PVT. LTD.,,AURANGABAD vs. THE INCOME TAX OFFICER, WARD-2(1)(3),, BARODA
Income Tax Appellate Tribunal, “D” BENCH, AHMEDABAD
Before: SMT. ANNAPURNA GUPTA & SHRI SIDDHARTHA NAUTIYAL
PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER:
This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax, Dispute Resolution Panel-2, (in short
“Ld. CIT(DRP-2)”), Mumbai vide order dated 13.12.2016 passed for A.Y.
2012-13. 2. Before us, at the outset, the Counsel for the assessee has challenged the validity of the assessment order on the ground that the assessment was passed in this case on a non-existent entity, namely Man Turbo India Pvt.
Ltd., which stood amalgamated into Man Diesel & Turbo India Pvt. Ltd., w.e.f. 01.01.2013, pursuant to the Scheme of Amalgamation sanctioned by the Hon’ble Bombay High Court vide order dated 28.03.2014. The amalgamation scheme was made effective upon filing with the