https://www.taxtmi.com/caselaws?id=419933 The cross appeals challenging an order under the Income Tax Act for a specific assessment year were dismissed due to the absence of the assessee during the hearing and ongoing insolvency proceedings under the Insolvency and Bankruptcy Code. The appeals were dismissed considering the moratorium period under the Code, the binding nature of the resolution plan, and the lack of necessary permissions and authorizations. Both parties were given the liberty to refile their appeals after the moratorium period or in accordance with the Resolution Plan approved by the Adjudicating Authority. en-us Wed, 16 Mar 2022 00:00:00 +0530 Wed, 23 Mar 2022 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419933 The cross appeals challenging an order under the Income Tax Act for a specific assessment year were dismissed due to the absence of the assessee during the hearing and ongoing insolvency proceedings under the Insolvency and Bankruptcy Code. The appeals were dismissed considering the moratorium period under the Code, the binding nature of the resolution plan, and the lack of necessary permissions and authorizations. Both parties were given the liberty to refile their appeals after the moratorium period or in accordance with the Resolution Plan approved by the Adjudicating Authority. Case-Laws Income Tax Wed, 16 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419933