Maintainability of revenue appeal against the order of CIT(A) ...

Revenue Appeal Dismissed Due to NCLT Moratorium u/s 14 of Insolvency and Bankruptcy Code.

December 19, 2022

Case Laws Income Tax AT

Maintainability of revenue appeal against the order of CIT(A) granting relief to assessee - When NCLT has declared moratorium u/s 14 of IBC Code in the case of assessee, then there is a complete bar to initiate and continue proceedings against the assessee before any authority. Therefore, in view of the moratorium granted by NCLT, no proceedings against the assessee can continue. In view of the aforesaid facts, the appeal of Revenue deserves to be dismissed. - AT

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Maintainability of revenue appeal against the order of CIT(A) ...

Revenue Appeal Dismissed Due to NCLT Moratorium u/s 14 of Insolvency and Bankruptcy Code.

December 19, 2022

Case Laws Income Tax AT

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