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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

CIRP - Extinguishment of tax dues including the statutory dues ...

Income Tax

February 13, 2023

CIRP - Extinguishment of tax dues including the statutory dues owed to the Central Government, any State Government or any local authority post Application u/s 7 of the Insolvency and Bankruptcy Code, 2016 and moratorium under section 14 of the Code was declared - At any rate, for the time being, this appeal cannot be proceeded with during the continuance of the proceedings under the Code. Parties have to work out their remedies before the Adjudicating Authority under the Code. - AT

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