https://www.taxtmi.com/caselaws?id=801074 Corporate insolvency proceedings give finality to claims admitted under an approved resolution plan and extinguish excluded statutory dues, preserving a clean slate for the corporate debtor or resolution applicant. Where the successor entity has entered liquidation after failure to implement the approved plan, and no departmental tax claims for earlier assessment years were admitted in either the resolution or liquidation process, those claims cannot be pursued through connected income-tax appeal proceedings. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801074 Corporate insolvency proceedings give finality to claims admitted under an approved resolution plan and extinguish excluded statutory dues, preserving a clean slate for the corporate debtor or resolution applicant. Where the successor entity has entered liquidation after failure to implement the approved plan, and no departmental tax claims for earlier assessment years were admitted in either the resolution or liquidation process, those claims cannot be pursued through connected income-tax appeal proceedings. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801074