This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Post-IBC Resolution Reassessment Invalid for Patanjali: Supreme Court
Case Law Details
- Case Name
- PCIT Central 4 Vs Patanjali Foods Ltd. (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
PCIT Central-4 Vs Patanjali Foods Ltd. (Supreme Court of India)
The Supreme Court of India dismissed the appeal filed by the Principal Commissioner of Income Tax (Central) 4 against Patanjali Foods Ltd., effectively upholding the Bombay High Court’s judgment. The High Court had earlier quashed reassessment notices and subsequent orders issued under Sections 148, 143C, 143(3), and 148A of the Income Tax Act, 1961, pertaining to the assessment year 2013-14. The High Court’s decision rested on the principle that such reassessment proceedings initiated after the approval of a resolutio...
