Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

Income Tax Appeals Infructuous After IBC Liquidation & Going Concern Sale: ITAT Mumbai

Case Law Details

Case Name
EMI Transmission Limited Vs DCIT (ITAT Mumbai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2011-12
Advertisement EMI Transmission Limited Vs DCIT (ITAT Mumbai) The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) disposed of a batch of appeals filed by the assessee for Assessment Years 2011-12 to 2018-19, holding that they had become infructuous in view of subsequent developments under the Insolvency and Bankruptcy Code, 2016 (IBC). The Tribunal found that the issue of maintainability and survivability of the appeals had to be decided before examining the merits of the additions sustained by the Commissioner of Income Tax (Appeals). The record showed that an application under Sec...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,862

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *