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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Liability of directors of private company in liquidation u/s 179 ...

Case Laws     Income Tax

February 7, 2020

Liability of directors of private company in liquidation u/s 179 - with a view to protect the interest of both, the writ applicant as well as Revenue, we are inclined to quash the impugned order and give one opportunity to the Revenue to initiate the proceedings afresh by issuance of fresh show-cause notice with all necessary details so that the writ-applicant can meet with the case of the Revenue.

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