A division bench of the Hyderabad High Court has held that an order of attachment of the subject property by the Income Tax department cannot affect the completion of the sale effected by the liquidator under the provisions of the Insolvency and Bankruptcy Code, 2016. The bench made it clear that the Income Tax department is […]
The post Income Tax Department can’t Recover Dues during Liquidation Process under IBC: Hyderabad HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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