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    Electronic evidence and comparable imports failed, so undervaluation was not proved and the extended period was unavailable.
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      Applying Mobilox, the NCLAT held that the alleged pre-existing...

      Pre-existing dispute failed where emails and cheques acknowledged liability; insolvency admission followed despite a section 10A objection.

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      IBCMay 23, 2026Case LawsAT
      Applying Mobilox, the NCLAT held that the alleged pre-existing dispute was not contemporaneous with the invoices and was unsupported by material showing a genuine dispute over the 2021 supplies. Emails acknowledging outstanding dues, requests for time, and post-dated cheques amounted to acknowledgment of liability, while the later reply to the Section 138 notice raised only a counter-claim about 2018 iPhone 8 inventory and Apple-related discount issues, not the operational debt in question. The Local Commissioner's report and later arbitration involving Apple were rejected as irrelevant. The defence was held to be a moonshine defence, so debt and default under section 9 stood proved. The section 10A objection also failed, and the Section 9 application was directed to be admitted.

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      ActsIncome Tax