This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Delhi quashes assessment on Company under Liquidation – IBC moratorium overrides Income Tax Proceedings
Case Law Details
- Case Name
- Hi Tech Grain Processing Private Limited-In Liquidation Vs DCIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Hi Tech Grain Processing Private Limited-In Liquidation Vs DCIT (ITAT Delhi)
ITAT Delhi quashes assessment on Company under Liquidation – IBC moratorium overrides Income Tax Proceedings
Delhi ITAT quashed assessments framed against a company which was already under liquidation, holding that the moratorium & liquidation provisions contained in the Insolvency & Bankruptcy Code, 2016 override the Income Tax Act.
Assessee had filed return of income for AY 2013-14 declaring total income of Rs.5.63 crore. Subsequently, the case was reopened u/s 147 on the basis of alleged ...
Author Info
