Case Law Details
Redhu Farms Pvt Ltd Vs ITO (ITAT Delhi)
In a recent decision, the Income Tax Appellate Tribunal (ITAT) in Delhi ruled that an appeal filed by a suspended director after the appointment of an Interim Resolution Professional (IRP) is not maintainable. The case involved an assessment order against a company for the assessment year 2015-16.
Background:
The company’s assessment order had been passed on September 29, 2021, and the company’s income was computed at Rs. 15,03,92,501. Dissatisfied with the assessment order, the company filed an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)]/NFAC, and the CIT(A) partially allowed the appeal by upholding some of the additions made by the Assessing Officer (AO).
Aggrieved by the CIT(A)’s order, the company, represented by its former director, filed the present appeal before the ITAT, raising various grounds of appeal.
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