FIRESTONE INTERNATIONAL P.LTD,MUMBAI vs. ASST CIT CEN CIR 39, MUMBAI

This appeal is filed by M/s Firestone International P. Ltd. against the order passed by the learned Assessing Officer under Section 143 read with section 144C of the Income- tax Act, 1961 (the Act) on 8th February, 2013 determining the total income of ₹12,05,18,510/- against the returned income of ₹5,83,63,467/- for A.Y. 2009-10.

The learned Departmental Representative, when the matter was called for hearing, submitted that the above

Despite notice to the assessee on last several occasions since 2014, none appeared. On 26.04.2018, the counsel also has withdrawn his authority letter. Further, the above company has been referred for liquidation by the order of the National Company Law Tribunal, Bombay Bench, vide order dated 17.08.2021. Mr. Santanu T. Ray has been appointed the liquidator. When the company is under liquidation, the Board of Directors of the company ceased to exist. Now the appeal can be preferred only by liquidator. In the present case, the appeal is signed and verified by the erstwhile director. The same is not in accordance with the provisions of Section 140(c)(a) of the

In the result, appeal of the assessee is dismissed as not maintainable.