TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 179 Amended: 'In Liquidation' Removed, 'Fees' Added After 'Interest' for Director Tax Liability Clarity.</h1> Section 179 of the Income-tax Act has been amended by the Finance Act, 2022. The amendment involves two changes: first, the removal of the words 'in liquidation' from the marginal heading, and second, the insertion of the word 'fees' following the word 'interest' in the Explanation section. These changes refine the language and scope of the section concerning the responsibilities of company directors in relation to tax liabilities.
TaxTMI 
TaxTMI 
