JUDGMENT

Manmohan, J. (Oral)--The petition has been heard by way of video conferencing.

2. Present writ petition has been filed challenging the notice dated 31st March, 2021 issued by Respondent No.1 under Section 148 of the Income Tax Act, 1961 [`the Act'] for the Assessment Year 2014-15.

3. Learned counsel for the petitioner states that the impugned notice calls upon the Petitioner/Corporate Debtor to furnish return of income for the assessment year 2014-15, which is prior to the date of approval of the resolution plan under Insolvency and Bankruptcy Code, 2016. She states that the corporate insolvency resolution process was concluded vide order dated 26th October, 2020 passed by the NCLT in the matter of State Bank of India vs. Asian Colour Coated Ispat Limited in Company Application No.1393 of 2018. She further states that after the conclusion of the proceedings, all the liabilities and obligations of Petitioner prior to approval of the Resolution Plan shall stand extinguished permanently from the date of the NCLT Order. In support of her submission, she relies on the judgment of the Supreme Court in the case of Ghanashyam Mishra & Sons Pvt. Ltd. vs. Edelweiss Asset Reconst