A two-judge bench of the Gujarat High Court has held that the tax recovery from the directors of a private company is possible only when the department fails to recover the same from the Company as this is the pre-condition for invoking section 179 of the Income Tax Act, 1961. In the present case, the […]
The post Department can Proceed against Directors only on Failure to Recover Tax from Company: Gujarat HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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