Do Provisions of IBC 2016 Override Income Tax Act 1961 in Case of Inconsistencies?

Tata Steel Limited Vs DCIT (Delhi High Court)

The case of Tata Steel Limited versus DCIT has brought to light a critical legal question – whether the provisions of the Insolvency and Bankruptcy Code (IBC) 2016 override those of the Income Tax Act 1961 when inconsistencies are found. In this article, we delve into the Delhi High Court’s perspective on this matter and examine the key factors and precedents involved.

Statement of Objects and Reasons:

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