https://www.taxtmi.com/caselaws?id=403872 The Tribunal held that Section 53(1)(e) of the Insolvency and Bankruptcy Code overrides Section 194-IA of the Income Tax Act. The Income Tax Authority was directed to refund the TDS amount to the Liquidator, as the deduction of TDS conflicted with the priority mechanism in insolvency proceedings. The appeal was allowed with no costs. en-us Mon, 08 Feb 2021 00:00:00 +0530 Mon, 20 Sep 2021 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403872 The Tribunal held that Section 53(1)(e) of the Insolvency and Bankruptcy Code overrides Section 194-IA of the Income Tax Act. The Income Tax Authority was directed to refund the TDS amount to the Liquidator, as the deduction of TDS conflicted with the priority mechanism in insolvency proceedings. The appeal was allowed with no costs. Case-Laws Insolvency and Bankruptcy Mon, 08 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403872