Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2024 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2024 (1) TMI 366 - DELHI HIGH COURTValidity of order of ITAT dismissing the appeal of assessee and revenue on the ground of CIRP proceedings - Corporate Insolvency Resolution Process (CIRP) undergone by assessee - We have been informed several times by appellant/revenue that the respondents/companies, which are the part of the Amrapali Group, are undergoing insolvency proceedings - It was also conveyed to us that proceedings qua Amrapali Group are being looked at by the Supreme Court. HELD THAT:- Since more than one year has passed without definite information, we are inclined to close the instant appeals, with liberty to the appellant/revenue to approach the court for revival, albeit as per law, as and when they obtain clarity in the above-captioned matters.
|