Tax Guru22h
Non-maintainability of application u/s 9 of IBC as being time-barred
Conclusion: Application under section 9 of IBC against the corporate debtor was dismissed for being exceeded the limitation ...
Tax Guru22h
Matter remanded back to CIT (A) as there was failure to adjudicate issues u/s 148
Conclusion: The case of assessee was remanded back to CIT (A) for fresh adjudication due to the failure to address the issues under Section 148 with respect to limitation and service of the notice.