{"id":62711,"date":"2026-07-28T20:02:30","date_gmt":"2026-07-28T14:32:30","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pr-cit-central-4-v-dbm-geotechnics-and-construction-pvt-ltd-bom-hc-www-itatonline-org\/"},"modified":"2026-07-28T20:02:30","modified_gmt":"2026-07-28T14:32:30","slug":"pr-cit-central-4-v-dbm-geotechnics-and-construction-pvt-ltd-bom-hc-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pr-cit-central-4-v-dbm-geotechnics-and-construction-pvt-ltd-bom-hc-www-itatonline-org\/","title":{"rendered":"Pr. CIT (Central)-4 v. DBM Geotechnics and Construction Pvt. Ltd. (Bom.)(HC), www.itatonline.org"},"content":{"rendered":"<div>\n<p>The Revenue challenged the Tribunal&#8217;s order deleting the disallowance of subcontract charges made in the assessment completed under section 143(3). During the pendency of the proceedings, the assessee underwent Corporate Insolvency Resolution Process, and a Resolution Plan was approved by the NCLT under section 31 of the Insolvency and Bankruptcy Code. The income-tax demand arising from the assessment order was never lodged before the Committee of Creditors nor formed part of the approved Resolution Plan. The Bombay High Court, following the decisions of the Supreme Court in <strong data-start=\"1267\" data-end=\"1340\">Samarth Lifters Pvt. Ltd. v. DBM Geotechnics &amp; Construction Pvt. Ltd.<\/strong><b>, <\/b><strong data-start=\"1342\" data-end=\"1395\">Vaibhav Goel v. Deputy Commissioner of Income-tax<\/strong><b>, <\/b><strong data-start=\"1397\" data-end=\"1477\">Ghanshyam Mishra &amp; Sons Pvt. Ltd. v. Edelweiss Asset Reconstruction Co. Ltd.<\/strong><b>, <\/b>and<b> <\/b><strong data-start=\"1483\" data-end=\"1535\">Committee of Creditors of Essar Steel India Ltd.<\/strong><b>,<\/b> held that all statutory dues not included in the approved Resolution Plan stand extinguished and cannot thereafter be enforced. Even if the Revenue were to succeed in the appeal, no recoverable tax demand could survive outside the Resolution Plan. Accordingly, the questions proposed by the Revenue were held to be purely academic, no substantial question of law arose for consideration, and the appeal was dismissed. <b>(<\/b><strong>ITA No. 230 of 2024, , dt. 17-07-2026.<\/strong><b> <\/b>)(AY.<b> <\/b><strong>2012-13 ) <\/strong><b><\/b><\/p>\n<\/div>\n<div>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>S. 260A: Appeal &#8211; High Court \u2013 Assessment &#8211; Once a Resolution Plan is approved under section 31 of the Insolvency and Bankruptcy Code, all statutory dues, including income-tax claims, which do not form part of the approved Resolution Plan stand extinguished. Consequently, any appeal by the Revenue seeking to revive such tax demand becomes academic, and no substantial question of law arises. [S. 143(3), Insolvency and Bankruptcy Code, 2016, S. 31  ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62711","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gjt","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=62711"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62711\/revisions"}],"predecessor-version":[{"id":62712,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62711\/revisions\/62712"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}