https://www.taxtmi.com/caselaws?id=425589 The ITAT Mumbai dismissed appeals by M/s. Krishna Knitwear Technology Ltd. and related group companies challenging the reopening of assessments under sections 147/148 of the Income Tax Act, 1961. The Tribunal found the appeals not maintainable due to the absence of Interim Resolution Professionals (IRP) to represent the appellants in light of the NCLT's order under the Insolvency and Bankruptcy Code (I&B Code). The dismissal allowed for the filing of fresh appeals in the proper format or restoration of the present appeals through an application, without affecting the appeals' merits. Compliance with I&B Code procedures for appeal filings was emphasized in the order pronounced on 14.07.2022. en-us Thu, 14 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 08:40:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425589 The ITAT Mumbai dismissed appeals by M/s. Krishna Knitwear Technology Ltd. and related group companies challenging the reopening of assessments under sections 147/148 of the Income Tax Act, 1961. The Tribunal found the appeals not maintainable due to the absence of Interim Resolution Professionals (IRP) to represent the appellants in light of the NCLT's order under the Insolvency and Bankruptcy Code (I&B Code). The dismissal allowed for the filing of fresh appeals in the proper format or restoration of the present appeals through an application, without affecting the appeals' merits. Compliance with I&B Code procedures for appeal filings was emphasized in the order pronounced on 14.07.2022. Case-Laws Income Tax Thu, 14 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425589