ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO:

ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO

ITAT set aside the Rs 59.5 crore tax assessment against taxpayer and remanded the matter to the AO, holding that the proceedings ignored the IBC moratorium during the company's CIRP.

ITAT Remands Tax Case Over IBC Moratorium Violation

authorVanshika vermadateJul 20, 2026
Last update on Jul 20, 2026
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ITAT Sets Aside Tax Assessment Over IBC Moratorium, Remands Matter to AO

ITAT set aside the Rs 59.5 crore tax assessment against taxpayer and remanded the matter to the AO, holding that the proceedings ignored the IBC moratorium during the company's CIRP.

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Vanshika verma

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2021
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