Commissioner of Income-tax v. Moser Bear India Ltd
[Citation -2020-LL-0721-3]
Citation | 2020-LL-0721-3 |
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Appellant Name | Commissioner of Income-tax |
Respondent Name | Moser Bear India Ltd. |
Court | SUPREME COURT |
Relevant Act | Income-tax |
Date of Order | 21/07/2020 |
Judgment | View Judgment |
Keyword Tags | company in liquidation • tax effect |
Bot Summary: | Even if the Appellant-Revenue were to succeed, the Official Liquidator is not in a position to pay the tax amount involved in these appeals. Indisputedly, the respondent-Company has gone in liquidation. The Company in liquidation is not in a position to pay its outstanding dues including taxes. Signature Not Verified Digitally signed by Moreover, the tax effect in the concerned appeals is just DEEPAK SINGH Date: 2020.07.23 14:52:42 IST Reason: over Rs.2,00,00,000/-(Rupees Two Crore Only). 2 Taking overall view of the matter, we deem it appropriate to dispose of these appeals, leaving the question of law open, to be decided in appropriate case. Mr. Devendra Singh, AOR UPON hearing the counsel the Court made the following ORDER The Civil Appeals are disposed of in terms of the signed order. COURT MASTER COURT MASTER Signed order is placed on the file. |