TMI BlogLiability of directors in case of company goes into liquidation.X X X X Extracts X X X X X X X X Extracts X X X X ..... eferred: 179 Statute: Income - Tax Act, 1961 Attention is invited to the Provisions of Section 179 of the Income-tax Act according to which where a private limited company has gone into liquidation ..... X X X X Extracts X X X X X X X X Extracts X X X X
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