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![NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order] NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Penalty-CIRP-NCLT-penalty-taxscan.jpg)
NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]
The National Company Law Tribunal (NCLT), Kolkata Bench, recently issued a crucial ruling on a Corporate Insolvency Resolution Process (CIRP)...