2025 (11) TMI 164

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Gupt, CIT-DR ORDER PER ANUBHAV SHARMA, JM: This appeal has been preferred by the Assessee against order dated 20.12.2024 of the learned Commissioner of Income Tax (Appeals)-24, New Delhi, in Appeal No.CIT(A), Delhi-24/10397/2016-17, arising out of order dated 22.04.2021 passed u/s 143(3) of the Income Tax Act, 1961 (hereinafter referred to as 'the Act') by the ACIT, Central Circle-07, Del....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....5.2023. Now the assessee company is a wholly owned subsidiary of MRPL. 4. It comes up from the copy of Resolution Plan approved by the NCLT at pages 11-32 of the paper book and relevant page 24 that during the insolvency proceedings, the tax authorities had claimed an amount INR 16,45,17,661/- which was not admitted and no challenge in respect of the same has been filed by the Income-tax Depart....