https://www.taxtmi.com/caselaws?id=97295 Where a statute provides a complete machinery for assessment and challenge, tax liability cannot be re-opened collaterally in liquidation proceedings; the assessment order itself is sufficient proof of the income-tax claim. A company in liquidation remains liable to income-tax, and the liquidator may be required to file the statutory return on its behalf. The tax claimant is not barred by proof-time limits from participating in later undistributed assets, but cannot disturb dividends already distributed before proof. en-us Sat, 05 Jun 1954 00:00:00 +0530 Fri, 12 Oct 2018 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97295 Where a statute provides a complete machinery for assessment and challenge, tax liability cannot be re-opened collaterally in liquidation proceedings; the assessment order itself is sufficient proof of the income-tax claim. A company in liquidation remains liable to income-tax, and the liquidator may be required to file the statutory return on its behalf. The tax claimant is not barred by proof-time limits from participating in later undistributed assets, but cannot disturb dividends already distributed before proof. Case-Laws Companies Law Sat, 05 Jun 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97295