Income-tax refunds must be claimed by the Official Liquidator and credited to the appropriate liquidation account upon realisation. The Official Liquidator must claim refunds of income-tax due on dividends or interest from securities or investments and, when realised, credit those refunds to the appropriate liquidation account.
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Provisions expressly mentioned in the judgment/order text.
Income-tax refunds must be claimed by the Official Liquidator and credited to the appropriate liquidation account upon realisation.
The Official Liquidator must claim refunds of income-tax due on dividends or interest from securities or investments and, when realised, credit those refunds to the appropriate liquidation account.
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