https://www.taxtmi.com/caselaws?id=774839 Gujarat HC quashed reassessment notice under Section 148 issued against dissolved company. Court held that upon approval of resolution plan, all tax liabilities under Income Tax Act stood waived and extinguished. Relying on SC precedents in Edelweiss Asset Reconstruction Company and Essar Steel cases, HC ruled that complete extinguishment of corporate debtor's tax liabilities left no occasion for issuing reassessment notice, making merits academic. en-us Tue, 08 Jul 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774839 Gujarat HC quashed reassessment notice under Section 148 issued against dissolved company. Court held that upon approval of resolution plan, all tax liabilities under Income Tax Act stood waived and extinguished. Relying on SC precedents in Edelweiss Asset Reconstruction Company and Essar Steel cases, HC ruled that complete extinguishment of corporate debtor's tax liabilities left no occasion for issuing reassessment notice, making merits academic. Case-Laws Income Tax Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774839