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IBC Proceedings Cant Dilute Rights Of The Income Tax Department To Reopen Assessment: Madras High Court

IBC Proceedings Can't Dilute Rights Of The Income Tax Department To Reopen Assessment: Madras High Court

The Madras High Court has ruled that proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 cannot dilute the rights of the Income Tax Department to reopen the assessment under Section 148 ...

2 July 2022 8:00 AM GMT
SBI - Missing Coins

Action Of Recovery By Income Tax Dept. Was Without Jurisdiction: Rajasthan High Court Imposes Cost Of Rs. 50,000 On The Dept.

The Rajasthan High Court has imposed a cost of Rs.50,000 on the Income Tax department as the action of recovery was without jurisdiction. The division bench of Justice Prakash Gupta and Justice Sa...

30 May 2022 8:30 AM GMT