https://www.taxtmi.com/caselaws?id=291795 The Department of Income Tax appealed for the restoration of a company's name, M/s. Insight Projects Pvt. Ltd., in the Register of Companies under section 252(3) of the Companies Act, 2013, due to non-filing of statutory returns. Despite an initial misquoting of the law section, the Tribunal decided to treat the application under section 252(1) based on the company's dissolution nature. The company's name was struck off for non-compliance with statutory returns since 2011, necessitating restoration to facilitate legal and tax proceedings for the Assessment Year 2012-13. The Tribunal directed restoration, emphasizing compliance with statutory requirements for public and revenue interests. en-us Fri, 20 Dec 2019 00:00:00 +0530 Tue, 24 Nov 2020 20:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291795 The Department of Income Tax appealed for the restoration of a company's name, M/s. Insight Projects Pvt. Ltd., in the Register of Companies under section 252(3) of the Companies Act, 2013, due to non-filing of statutory returns. Despite an initial misquoting of the law section, the Tribunal decided to treat the application under section 252(1) based on the company's dissolution nature. The company's name was struck off for non-compliance with statutory returns since 2011, necessitating restoration to facilitate legal and tax proceedings for the Assessment Year 2012-13. The Tribunal directed restoration, emphasizing compliance with statutory requirements for public and revenue interests. Case-Laws Companies Law Fri, 20 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291795