Judgement

The ITAT Delhi rules tax claims not forming part of approved resolution plan stand extinguished under IBC.

ITAT Dismisses Revenue and Assessee Appeals in Sahara Airlines Tax Dispute After IBC Proceedings

HC quashes tax proceedings, holding pre-CIRP dues extinguished after resolution plan approval under IBC.

IBC Overrides Tax Claims; HC Quashes Pre-CIRP Proceedings

ITAT Bangalore held that once an NCLT-approved resolution plan extinguishes government dues, pending tax demands cannot be enforced, rendering the appeal infructuous.

IBC Overrides Income Tax Demands: ITAT Rules NCLT-Approved Plan Nullifies Past Dues, Dismisses Appeal

ITAT held that once an NCLT-approved resolution plan is in force under the IBC, income-tax proceedings cannot continue.

Once Insolvency Plan Is Approved, Income Tax Proceedings Cannot Continue: ITAT

The court ruled that since the GST department had already participated in the insolvency proceedings and filed its claims, it cannot raise new demands.

No GST Demand Can be Raised For Previous Period Once Resolution Plan is Approved: Delhi High Court

The Delhi High Court held that GST demands for periods before insolvency cannot be raised once a resolution plan is approved.

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ITAT Dismisses Revenue and Assessee Appeals in Sahara Airlines Tax Dispute After IBC Proceedings

IBC Overrides Tax Claims; HC Quashes Pre-CIRP Proceedings

IBC Overrides Income Tax Demands: ITAT Rules NCLT-Approved Plan Nullifies Past Dues, Dismisses Appeal

Once Insolvency Plan Is Approved, Income Tax Proceedings Cannot Continue: ITAT

No GST Demand Can be Raised For Previous Period Once Resolution Plan is Approved: Delhi High Court

No GST Demand Can be Raised After IBC Resolution Plan Approval: Rules High Court