2021 (7) TMI 245

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.... Hussain , CIT-DR For the Respondents : Tata Krishna , Advocate ORDER George George K., Member (J) This appeal at the instance of the Revenue and Cross Objection preferred by the assessee are directed against CIT(A)'s order dated 30.11.2016. The relevant assessment year is 2012-2013. We shall first adjudicate the Revenue's appeal. ITA No. 399/Bang/2017 : By Revenue: 2.....

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....TR 145 (Bom. HC) (vi) Shamken Multifab Ltd. v. DCIT (2013) taxmann.com 329 (Delhi Trib.) 3. The learned Departmental Representative did not contend that department is entitled to recover tax arrears exceeding the amounts specified in the Board Circular No. 17/2019 dated 8th August, 2019. However, it was contended by the learned DR that the department wants to keep the issue raised in t....

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....he purpose of the Resolution Plan, the liability arising out of the said case is being considered as deemed crystallized. Simultaneously, the Resolution Applicant is proposing the deemed liability arising out of the ACIT case to be settled at a nominal amount of Rs. 1,00,000 (Rupee One Lac Only)." 4.1. The Hon'ble Supreme Court in the case of CIT v. Moser Baer India Limited (supra) observed....

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....rder of attachment was issued long prior to initiation of liquidation proceedings under Code against company. The Madras High Court in the case of Official Assignee v. T.R. Bhuvaneswari (supra) had held that the Official Assignee need not go before Central Board of Direct Taxes praying for waiver of interest under sections 234A, 234B and 234C as Insolvency Court itself can consider question of wai....