Case Law Details
Jet Airways (India) Limited Vs DCIT (ITAT Mumbai)
According to the provisions of Section 140(c) of The Income Tax Act, in case of a company which has been referred to the insolvency resolution process of the insolvency and bankruptcy code, 2013 (31 of 2016) the return be verified by the insolvency resolution professional appointed by National Company Law Tribunal.
In fact the insolvency resolution professional (IRP) appointed has not signed and verified these appeals in accordance with the provisions of Section 140 of the income tax act. In view of this we dismiss all these 4 appeals as not maintainable. However, we give liberty to the insolvency resolution professional to file these appeal in prescribed manner.
FULL TEXT OF THE ORDER OF ITAT MUMBAI
1. These are the 4 appeals filed by the JET AIRWAYS (INDIA ) LIMITED for assessment year 2012 – 13 to 2015 – 16 . On verification of all these 4 appeals it was found that these appeals have been signed by Mr. Sundaram Ramesh , who is not an IRP. There is no authority also in favour of the above person.
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