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Assessment Notices Quashed for Violating Clean-Slate Effect of Approved Resolution Plan
Case Law Details
- Case Name
- V Hotels Limited Vs National Faceless Assessment Centre (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
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V Hotels Limited Vs National Faceless Assessment Centre (Bombay High Court)
The Bombay High Court heard a writ petition in which the petitioner challenged two income tax notices issued for Assessment Year 2024–25. The impugned notices were issued under Sections 143(2) and 142(1) of the Income Tax Act by the National Faceless Assessment Centre. The petitioner argued that the notices were without jurisdiction because the company had undergone Corporate Insolvency Resolution Process (CIRP), and the Resolution Plan approved by the National Company Law Tribunal (NCLT) extinguished all claims rela...




