Capital gains tax from liquidated corporate assets is not a liquidation cost; distributed under Insolvency and Bankruptcy Code Section 53.

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....CIRP Proceedings - Levy and Recovery of Capital Gains Tax - proceeds received from sale of assets of the corporate debtor - the tax liability arising out of the sale of assets by the liquidator shall be distributed in accordance with the provisions of Section 53 of the Insolvency and Bankruptcy Code, 2016 and the capital gain tax shall not be treated as the liquidation cost - Tri....