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Introducing the “In Favour Of” filter in Case Laws.
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<h1>CBDT Circular: Procedure for Restoring Struck-off Companies to Recover Tax Liabilities Under Companies Act, 2013.</h1> The circular from the Central Board of Direct Taxes addresses the procedure for restoring companies that have been 'struck off' under the Companies Act, 2013. It emphasizes that the removal of a company does not affect the government's right to recover tax liabilities. The income-tax department is instructed to request the restoration of such companies if tax proceedings are pending or anticipated. Restoration is crucial to protect revenue interests and complete ongoing proceedings. The department is advised to approach the Registrar of Companies and the National Company Law Tribunal for revival, citing the urgency due to time-sensitive proceedings.