https://www.taxtmi.com/caselaws?id=417512 The court set aside and quashed the notices issued by the Income Tax Department for the assessment year 2017-18, ruling them unsustainable as they pertained to a period covered by the resolution plan approved by the National Company Law Tribunal. The court held that the resolution plan, once approved, extinguished prior claims of the Income Tax Department and was binding on all stakeholders. The writ petition was allowed, with no order as to costs. en-us Tue, 18 Jan 2022 00:00:00 +0530 Mon, 24 Jan 2022 21:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417512 The court set aside and quashed the notices issued by the Income Tax Department for the assessment year 2017-18, ruling them unsustainable as they pertained to a period covered by the resolution plan approved by the National Company Law Tribunal. The court held that the resolution plan, once approved, extinguished prior claims of the Income Tax Department and was binding on all stakeholders. The writ petition was allowed, with no order as to costs. Case-Laws Insolvency and Bankruptcy Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417512