Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]

Corporate Debtor-Telangana HC-taxscan

The Telangana High Court has held that the income tax department cannot carry out any assessment of Corporate Debtors for the Period Covered By the Resolution Plan. The petitioner, Sirpur Paper Mills Limited has sought the quashing of notices dated 22.09.2019, 21.10.2019 and 30.10.2019 issued by respondent for the assessment year 2017-18 as being illegal…

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