Transitional tax credit for eligible dealers survives incorrect form entries, while previously available eligibility objections cannot be raised on ap...
A company undergoing voluntary winding up is deemed dissolved upon submission of the Official Liquidator's report under section 497(6) of the Companies Act, 1956. Its status as active and under liquidation on the Ministry of Corporate Affairs website does not override the statutory effect of dissolution. Where the dissolution was recorded and acted upon, the revisional authority failed to consider that statutory effect, and the tax authorities were restrained from enforcing the assessment order or taking further steps pursuant to it.
A company undergoing voluntary winding up is deemed dissolved upon submission of the Official Liquidator's report under section 497(6) of the Companies Act, 1956. Its status as active and under liquidation on the Ministry of Corporate Affairs website does not override the statutory effect of dissolution. Where the dissolution was recorded and acted upon, the revisional authority failed to consider that statutory effect, and the tax authorities were restrained from enforcing the assessment order or taking further steps pursuant to it.
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