NCLAT dismisses Rs 6.10 crore tax claim against RCom by state tax dept for late submission.

The National Company Law Appellate Tribunal (NCLAT) has dismissed a tax claim of Rs 6.10 crore against Reliance Communications (RCom) by the state tax department. The claim, based on an assessment made after RCom's insolvency process began on June 22, 2019, was rejected for being filed too late. The NCLAT upheld a prior ruling from the Mumbai bench of the National Company Law Tribunal, emphasizing that the delay in submission was not permissible.

September 21, 2024
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