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VAT - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Recovery of the sales tax/ trade tax dues from directors - The ...


Court Rules Directors Not Automatically Liable for Company's Tax Dues; Lifting Corporate Veil Requires Specific Circumstances.

July 14, 2014

Case Laws     VAT and Sales Tax     HC

Recovery of the sales tax/ trade tax dues from directors - The mere fact that the Company has failed to pay the dues is by itself insufficient to invoke the doctrine of lifting the corporate veil - HC

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