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Income Tax - Highlights / Catch Notes

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Complaint u/s 276C (2) r.w.s. 278B - Allegation of willful ...

Case Laws     Income Tax

June 21, 2023

Complaint u/s 276C (2) r.w.s. 278B - Allegation of willful evasion of tax - Liability of Directors / ex-directors of company u/s 179 - Company is under liquidation process - Everything related to the company is now in the custody of the official liquidator and as such the petitioners have no liability nor responsibility in respect of the affairs of the company. The proceedings against them should thus be quashed. - HC

 

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