https://www.taxtmi.com/caselaws?id=466724 ITAT considered whether pending appeals become infructuous upon initiation of CIRP and imposition of the IBC moratorium under section 14; it applied the principle that commencement of CIRP and approval of a resolution plan bind the corporate debtor and stakeholders and that the IBC has overriding effect under section 238, citing coordinate-bench precedents in tax matters. The Tribunal held that only claims included in the resolution plan may be enforced, other proceedings become infructuous for the CIRP duration, limitation is excluded for the moratorium period, and dismissed the appeals without adjudicating tax merits. en-us Mon, 08 Sep 2025 00:00:00 +0530 Tue, 17 Feb 2026 19:25:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466724 ITAT considered whether pending appeals become infructuous upon initiation of CIRP and imposition of the IBC moratorium under section 14; it applied the principle that commencement of CIRP and approval of a resolution plan bind the corporate debtor and stakeholders and that the IBC has overriding effect under section 238, citing coordinate-bench precedents in tax matters. The Tribunal held that only claims included in the resolution plan may be enforced, other proceedings become infructuous for the CIRP duration, limitation is excluded for the moratorium period, and dismissed the appeals without adjudicating tax merits. Case-Laws Income Tax Mon, 08 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466724