Income Tax Proceedings Invalid as Revenue Filed No Claim During CIRP Bombay HC

Amns Gandhidham Ltd. Vs ACIT (Bombay High Court)

The Bombay High Court examined whether income-tax assessment proceedings for Assessment Years (AYs) 2022-23 and 2023-24 could continue against the petitioner after approval of a resolution plan under the Insolvency and Bankruptcy Code (IBC). Following the filing of the writ petition, the petitioner was amalgamated with ArcelorMittal Nippon Steel India Private Limited, and a formal amendment reflecting this change was permitted. Respondents waived service, and the matter was taken up for final hearing.

The petitioner argued tha

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