Scope of words 'Existing Liability' in Sec.230A.

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..... the I.T.Act, 1961 were given. 2. Recently the Gujarat High Court in case of M/s. Gopal Industrial Estate Vs.ITO while considering the meaning of the words existing liability has held that unless and until there is a tax amount due and outstanding under an order of assessment already passed there cannot be an existing liability under clause a of sub-sec.1 of sec 230 A also.... Same interpretatio .....

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..... Taxes Acts such as Advance Tax. T.D.S. etc will also be taken into account through no order is required to be passed in their respect. 5. You are requested to bring these instructions to the notice of all the officers in your charge. 6. The receipt of these instructions may please be acknowledge. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - .....

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