https://www.taxtmi.com/caselaws?id=443197 The Tribunal upheld the Adjudicating Authority's decision regarding the jurisdiction to decide on the income tax refund, emphasizing that certain aspects were outside its purview. It determined that CLCI was entitled to the refund for FY 2000-2001, as supported by communications and justifications provided during corporate restructuring. The Tribunal found the Adjudicating Authority's handling of the Scheme of Arrangement appropriate and concluded that the refund was rightfully credited to CLCI, dismissing the appeal and affirming the initial decision. en-us Mon, 18 Sep 2023 00:00:00 +0530 Tue, 19 Sep 2023 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443197 The Tribunal upheld the Adjudicating Authority's decision regarding the jurisdiction to decide on the income tax refund, emphasizing that certain aspects were outside its purview. It determined that CLCI was entitled to the refund for FY 2000-2001, as supported by communications and justifications provided during corporate restructuring. The Tribunal found the Adjudicating Authority's handling of the Scheme of Arrangement appropriate and concluded that the refund was rightfully credited to CLCI, dismissing the appeal and affirming the initial decision. Case-Laws Insolvency and Bankruptcy Mon, 18 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443197