Claim of ITR Dues extinguishes upon Approval of RP if not part of RP: ITAT [Read Order]

Claim of ITR Dues extinguishes upon Approval of RP if not part of RP, rules ITAT
By Kalyani B. Nair - On March 5, 2024 2:26 pm - 2 mins read
ITR - Income Tax - ITAT - ITAT Nagpur - Resolution Plan - ITR dues - Resolution Plan approval - taxscan

The Nagpur Bench of the Income Tax Appellate Tribunal ( ITAT ) observed that all the claims of the income tax return ( ITR ) extinguish upon approval of Resolution Plan ( RP ) if not part of the RP. Under section 13 of the Code, the adjudicating authority after admission of the application under…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
Ā  ā‚¹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader