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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Proceedings u/s 179 - AO held that the petitioner(director) is ...


Director Held Liable for Company Tax u/s 179; Directed to File Revision u/s 264 for Remedy.

August 28, 2019

Case Laws     Income Tax     HC

Proceedings u/s 179 - AO held that the petitioner(director) is jointly and severally liable towards the tax/penalty imposed on company - a perusal of Section 264 makes it clear that writ petitioner has an effective and efficacious alternate remedy as the Revisional Authority has powers to pass orders which are not prejudicial to the assessee by revising the impugned order - directed to file revision

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