https://www.taxtmi.com/caselaws?id=760606 Gujarat HC quashed reassessment proceedings under Section 147 r.w.s. 144B for Assessment Year 2013-14, ruling that post-NCLT approval of resolution plan, all pre-approval liabilities including government/statutory dues stand extinguished. Court relied on Ghanashyam Mishra precedent, holding no person can initiate or continue proceedings for claims relating to period prior to resolution plan approval. Assessment order and demand notice were set aside, with petition allowed. en-us Tue, 01 Oct 2024 00:00:00 +0530 Wed, 23 Oct 2024 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760606 Gujarat HC quashed reassessment proceedings under Section 147 r.w.s. 144B for Assessment Year 2013-14, ruling that post-NCLT approval of resolution plan, all pre-approval liabilities including government/statutory dues stand extinguished. Court relied on Ghanashyam Mishra precedent, holding no person can initiate or continue proceedings for claims relating to period prior to resolution plan approval. Assessment order and demand notice were set aside, with petition allowed. Case-Laws Income Tax Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760606