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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Recovery proceedings - Notice u/s 226(3) - After declaration of ...


Tax Recovery Halted by Moratorium u/s 14(1) of Insolvency and Bankruptcy Code, Overriding Income Tax Act Section 226(3.

March 8, 2019

Case Laws     Income Tax     HC

Recovery proceedings - Notice u/s 226(3) - After declaration of Moratorium under Section 14(1) of the Insolvency and Bankruptcy Code, 2016 institution of other proceeding mentioned in Section 14(1) will prohibited. Hence proceeding pursuant to Notice u/s 226(3) become infructuous.

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