https://www.taxtmi.com/caselaws?id=781610 HC held that where an NCLT-approved resolution plan for an insolvent company provides for settlement of income-tax liabilities, assessed and unassessed tax liabilities stand extinguished. Consequently, issuance of a notice under section 148 of the Income Tax Act became inimical to the settled position and effectively academic; the court declined to adjudicate the merits of that notice. The writ was allowed, restraining further proceedings based on the impugned notice. en-us Tue, 11 Nov 2025 00:00:00 +0530 Tue, 18 Nov 2025 08:42:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781610 HC held that where an NCLT-approved resolution plan for an insolvent company provides for settlement of income-tax liabilities, assessed and unassessed tax liabilities stand extinguished. Consequently, issuance of a notice under section 148 of the Income Tax Act became inimical to the settled position and effectively academic; the court declined to adjudicate the merits of that notice. The writ was allowed, restraining further proceedings based on the impugned notice. Case-Laws Income Tax Tue, 11 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781610