https://www.taxtmi.com/highlights?id=84874 Company insolvent. NCLT approved Resolution Plan vide order 20.06.2022, upheld by NCLAT dismissing respondent-Authority's appeal on 21.05.2024. Per Ghanashyam Mishra [2021 (4) TMI 613 - SC], once NCLT approves Resolution Plan, all past dues extinguished, respondent-Authority cannot reopen assessment. NCLAT's dismissal order merged with NCLT's approval order, achieving finality u/s 62, IBC. Impugned notice u/s 148 quashed, untenable. en-us Wed, 15 Jan 2025 07:36:52 +0530 Wed, 15 Jan 2025 07:36:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84874 Company insolvent. NCLT approved Resolution Plan vide order 20.06.2022, upheld by NCLAT dismissing respondent-Authority's appeal on 21.05.2024. Per Ghanashyam Mishra [2021 (4) TMI 613 - SC], once NCLT approves Resolution Plan, all past dues extinguished, respondent-Authority cannot reopen assessment. NCLAT's dismissal order merged with NCLT's approval order, achieving finality u/s 62, IBC. Impugned notice u/s 148 quashed, untenable. Highlights Income Tax Wed, 15 Jan 2025 07:36:52 +0530 https://www.taxtmi.com/highlights?id=84874