Raj. HC: Candidate's rejection merely because he suffered disability below the minimum degree illegal  ||  Calcutta HC Allows Bail Application of Former TMC aide Ayan Sil in Recruitment Scam Case  ||  SC Stays Contempt Proceedings in Gujarat High Court Against Judicial Officer  ||  SC Stays Contempt Proceedings in Gujarat High Court Against Judicial Officer  ||  SC Provides Interim Protection to Journalist Mamta Tripathi in UP Police FIR  ||  SC Stays Arrest of YSR Congress Party's Social Media Head for 2 weeks  ||  SC Refuses to Relax GRAP-IV Restriction in National Capital  ||  SC Rejects Plea Challenging SC/ST Reservations in Punjab's Gram Panchayat Posts  ||  SC to States/UTs: File Status Report on Suggestions for Proper Implementation of DV Act  ||  Supreme Court Issues Guidelines for Legal Aid Lawyers, Prosecutors    

Telangana HC: Scrutiny By IT Department Barred For The Period Covered By The Resolution Plan - (28 Jan 2022)

DIRECT TAXATION

Telangana High Court has observed that for the period covered by the Resolution Plan, Income Tax Department cannot carry out any scrutiny or assessment in respect of the Corporate Debtor regarding carry forward of losses and set off against future profits under Income Tax Act, 1961.

Tags : INCOME TAX ACT   INSOLVENCY AND BANKRUPTCY CODE   CORPORATE DEBTOR   FINANCIAL CREDITOR  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved