ITAT Dismisses Appeal by Income Tax Department as NCLT Admitted Application filed by Assessee u/s 14 of IBC [Read Order]

By Fathima Karama A.M - On September 15, 2023 10:30 am - 2 mins read
ITAT - ITAT Dismisses Appeal by Income Tax Department - Income Tax Department - NCLT - IBC - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax department as the National Company Law Tribunal (NCLT) had admitted the application filed by the assessee under Section 14 of the Insolvency and Bankruptcy Code (IBC) 2016. The revenue had raised this ground in its appeal that…

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