https://www.taxtmi.com/caselaws?id=435015 The appeals and cross objections filed by the Revenue and the Assessee were dismissed due to the overriding effect of the Insolvency & Bankruptcy Code (IBC) over the Income-tax Act and the non-representation by the Official Liquidator. The Tribunal granted liberty to recall the order if necessary, aligning with Supreme Court guidelines. The judgment underscores the primacy of IBC in cases involving concurrent proceedings under the Income-tax Act and IBC. en-us Tue, 28 Feb 2023 00:00:00 +0530 Thu, 09 Mar 2023 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435015 The appeals and cross objections filed by the Revenue and the Assessee were dismissed due to the overriding effect of the Insolvency & Bankruptcy Code (IBC) over the Income-tax Act and the non-representation by the Official Liquidator. The Tribunal granted liberty to recall the order if necessary, aligning with Supreme Court guidelines. The judgment underscores the primacy of IBC in cases involving concurrent proceedings under the Income-tax Act and IBC. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435015