2017 (3) TMI 1929

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..... ided in [ 2015 (8) TMI 475 - SC ORDER] Income Tax Department is entitled to take out appropriate proceedings for recovery of any tax statutorily due from the transferor or transferee company or any other person who is liable for payment of such tax due. We accordingly dispose of the appeal recording that the Income Tax Department would be entitled to take out appropriate proceedings for recovery o .....

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..... are inclined to dispose of the matter on merits, especially keeping in view the consent by both the counsel for parties. 3. The application is allowed. CO.APP. 25/2016 1. On similar scheme of merger, the view taken by the High Courts was against the Income Tax Department. The petitions for special leave to appeal bearing Nos. 29819/2012 and 22679/2013 were disposed of by the Supreme Court by p .....

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