Justice C Saravanan said that the entire tax administration of the country is now in a pell-mell. All the tax authorities will have to make a beeline before the National Company Law Tribunal every time to recover tax dues if under any circumstances proceedings are initiated against the corporate debtor under IBC, 2016. This was not the intention when the Act was enacted.
SIGN IN No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order] MCA relaxes Deadlines and Additional Fee on certain Forms under Companies...
