Thursday, December 12, 2019

Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]

The National Company Law Tribunal (NCLT) ruled that any company that has initiated CIRP can be obligated to pay the taxes from the date of initiation of CIRP, if the Corporate Debtor is to be run as a going concern. The ruling was made by the Tribunal while considering an application filed by Kiran Global […]

The post Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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