https://www.taxtmi.com/caselaws?id=758169 The Appellate Tribunal upheld the NCLT Kolkata's rejection of the Section 9 Application, citing the Income Tax Department's finding of bogus invoices for the relevant Assessment Year. The Tribunal found no basis to overturn the decision but deleted the Rs. One Lakh penalty imposed by the Adjudicating Authority. The Appellant's appeal was dismissed, with the option to explore other legal remedies. en-us Thu, 05 Sep 2024 00:00:00 +0530 Sat, 07 Sep 2024 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758169 The Appellate Tribunal upheld the NCLT Kolkata's rejection of the Section 9 Application, citing the Income Tax Department's finding of bogus invoices for the relevant Assessment Year. The Tribunal found no basis to overturn the decision but deleted the Rs. One Lakh penalty imposed by the Adjudicating Authority. The Appellant's appeal was dismissed, with the option to explore other legal remedies. Case-Laws IBC Thu, 05 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758169