ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO:

ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO

ITAT set aside the Rs 59.5 crore tax assessment against taxpayer and remanded the matter to the AO, holding that the proceedings ignored the IBC moratorium during the company's CIRP.

ITAT Remands Tax Case Over IBC Moratorium Violation

authorVanshika vermadateJul 20, 2026
Last update on Jul 20, 2026
Premium

ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO

ITAT set aside the Rs 59.5 crore tax assessment against taxpayer and remanded the matter to the AO, holding that the proceedings ignored the IBC moratorium during the company's CIRP.

Also Read

ITAT Deletes Additions Towards Bhatta and Rent Expenses Backed by Supporting EvidenceITAT Rules Mutuality Based Club's Liquor Supply to Members Cannot Automatically Trigger Tax Audit PenaltyITAT Restores Appeal After Condoning 1,929-Day Delay Caused by Director’s Jail Term and IllnessITAT Upholds Section 69A Addition as Assessee Failed to Explain Cash Deposits

About Author

LinkedIn

Vanshika verma

Content Writer

Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1595
Up Next

Loading suggestions…

Recent Posts

ITAT Deletes Additions Towards Bhatta and Rent Expenses Backed by Supporting EvidencePremium

ITAT Rules Mutuality Based Club's Liquor Supply to Members Cannot Automatically Trigger Tax Audit PenaltyPremium

ITAT Restores Appeal After Condoning 1,929-Day Delay Caused by Director’s Jail Term and IllnessPremium

All Posts

ITAT Upholds Section 69A Addition as Assessee Failed to Explain Cash Deposits

ITAT Deletes Ad Hoc Disallowance of Consumables Expenses, Dismisses Revenue's Appeal

Partial Tax Refund Must Be Adjusted Against Interest First, ITAT Upholds Section 244A Refund Interest Computation

View All

Tags

Income TaxITAT

StudyCafe Membership

For More details about Membership Click Join Membership Button