Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (7) TMI 1343 - AT - Income TaxAssessment order passed u/s 143(3) r.w.s. 142(2A) - admission of Company Petition under Insolvency and Bankruptcy Code, 2016 - HELD THAT:- The appeal filed by the assessee in the present circumstances, cannot be proceeded with, as revenue has also not sought any permission by the committee of creditors. Till the completion of moratorium period or upon the revival of corporate debtor as per the resolution plan approved by the adjudicating authority, the appeals filed by the assessee are treated as dismissed in limine. However, liberty is given to the parties to revive /restitute all the aforesaid appeals after the moratorium period expires or as approved by the adjudicating authority. As in view the decision in the case of Mahavir Roads & Infrastructure Pvt.Ltd [2022 (6) TMI 1294 - ITAT MUMBAI] this appeal filed by the assessee is treated as dismissed in limine. Liberty, however, is given to the parties to revive/restitute this appeal after the moratorium period expires or as approved by the adjudicating authority. Appeal filed by the assessee is dismissed.
|