Appeals Dismissed as Directors Lack Authority to Sign Appeals Post-Liquidation: ITAT Bangalore

Karuturi Global Ltd Vs Deputy/Assistant Commissioner of Income Tax (ITAT Bangalore)

The Income Tax Appellate Tribunal (Bangalore Bench) dismissed the cross-appeals filed by Karuturi Global Ltd. and the DCIT/ACIT, Bangalore on the ground that the appeals were not maintainable, as they were signed by the company’s directors post-liquidation. The Tribunal also held that, to sustain the Revenue’s appeal, the Assessing Officer must demonstrate that a claim was filed before the NCLT during the liquidation proceedings.

Facts: In the present cas

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