https://www.taxtmi.com/caselaws?id=761865 ITAT Nagpur dismissed Revenue's appeal against a dissolved/insolvent company. The Tribunal held that under the Insolvency and Bankruptcy Code, 2016, and following SC and Bombay HC precedents, NCLT had prohibited all proceedings against the assessee before any courts including ITAT. The judicial pronouncements supported the assessee's position, making the Revenue's appeal liable for dismissal due to the moratorium on proceedings against insolvent entities. en-us Mon, 09 Sep 2024 00:00:00 +0530 Tue, 19 Nov 2024 08:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761865 ITAT Nagpur dismissed Revenue's appeal against a dissolved/insolvent company. The Tribunal held that under the Insolvency and Bankruptcy Code, 2016, and following SC and Bombay HC precedents, NCLT had prohibited all proceedings against the assessee before any courts including ITAT. The judicial pronouncements supported the assessee's position, making the Revenue's appeal liable for dismissal due to the moratorium on proceedings against insolvent entities. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761865