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of <h1>Directors personally liable for company's unpaid taxes under Section 179 unless proving no gross neglect</h1> Section 179 of the Income Tax Act, 1961 establishes joint and several liability for directors of private companies regarding unpaid taxes. When tax due from a private company cannot be recovered, every director during the relevant previous year becomes personally liable unless they prove non-recovery was not due to their gross neglect, misfeasance, or breach of duty. The provision includes an exception for companies converted from private to public status before April 1962. Tax due encompasses penalties, interest, fees, and other payable amounts under the Act.
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