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Direct assessment of principal remains permissible and recovery from principal may proceed under the tax code. Clause 166 preserves the authority to pursue the direct assessment of the principal and to undertake recovery from the principal, specifying that nothing in the Sub chapter prevents direct assessment of the principal or the recovery of any sum payable under the Code from the principal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Direct assessment of principal remains permissible and recovery from principal may proceed under the tax code.</h1> Clause 166 preserves the authority to pursue the direct assessment of the principal and to undertake recovery from the principal, specifying that nothing in the Sub chapter prevents direct assessment of the principal or the recovery of any sum payable under the Code from the principal.
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