Company in liquidation faced income tax reassessment. NCLT appointed liquidator. IBC overrides. ITAT appeals dismissed. https://www.taxtmi.com/highlights?id=80393 Validity of reassessment/income tax proceedings against company in liquidation - IBC's overriding effect - NCLT order appointing official liquidator - Legal principle of company becoming defunct upon liquidator's appointment - Section 178(6) of IBC gives IBC overriding effect - Proceedings before ITAT affected - Appeals dismissed, with liberty to recall order if needed. en-us Tue, 13 Aug 2024 07:07:50 +0530 Tue, 13 Aug 2024 07:07:50 +0530 TaxTMI RSS Generator Company in liquidation faced income tax reassessment. NCLT appointed liquidator. IBC overrides. ITAT appeals dismissed. https://www.taxtmi.com/highlights?id=80393 Validity of reassessment/income tax proceedings against company in liquidation - IBC's overriding effect - NCLT order appointing official liquidator - Legal principle of company becoming defunct upon liquidator's appointment - Section 178(6) of IBC gives IBC overriding effect - Proceedings before ITAT affected - Appeals dismissed, with liberty to recall order if needed. Highlights Income Tax Tue, 13 Aug 2024 07:07:50 +0530 https://www.taxtmi.com/highlights?id=80393