Supreme Court · 2025 INSC 375 · Decided 20 March 2025
Vaibhav Goel & ANR. v. Deputy Commissioner of Income Tax & ANR.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 375 · [2025] 3 S.C.R. 841
- Case number
- CIVIL APPEAL No. 49/2022
- Decided
- 20 March 2025
- Bench
- ABHAY S. OKA, UJJAL BHUYAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 154; IBC Section 31(1), 62
Headnote
Matter pertains to the validity of the income tax dues of the corporate debtor owed to the Central Government, when not a part of the approved Resolution Plan. Insolvency and Bankruptcy Code, 2016 - s.31(1) - Legal effect of approval of a of resolution plan, issuance of demand notices by the Income Tax Department for assessment years 2012-13 and 2013-14 in respect of the Corporate Debtor-CD, however no claim about the demands submitted before the Resolution Professional - Application by the second respondent-Monitoring
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)