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Income Tax - Highlights / Catch Notes

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CIRP - Demand of income tax - Validity of order of Commissioner ...

Income Tax

December 30, 2022

CIRP - Demand of income tax - Validity of order of Commissioner of Income Tax (appeals) passed u/s 250 - Once the insolvency proceedings commenced under the Code, all the litigations are to be pursued by Interim Resolution Professional appointed by the Committee of Creditors. In view of the above, we are of the considered view that the present cross-appeals, in the current form, are not maintainable. - AT

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