https://www.taxtmi.com/caselaws?id=99062 The court interpreted section 179 of the Income-tax Act, 1961, regarding the liability of directors of a private company in liquidation. It held that since the company was not officially wound up but had its name struck off the register, the petitioner, a former director, could not be held liable for the company's tax debt under section 179. The court deemed the tax recovery action against the petitioner as illegal and directed the respondent to cease pursuing the tax debt recovery. The judgment emphasized the necessity of a clear establishment of tax liability before holding individuals accountable. en-us Thu, 11 Oct 1973 00:00:00 +0530 Wed, 25 Jan 2012 10:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99062 The court interpreted section 179 of the Income-tax Act, 1961, regarding the liability of directors of a private company in liquidation. It held that since the company was not officially wound up but had its name struck off the register, the petitioner, a former director, could not be held liable for the company's tax debt under section 179. The court deemed the tax recovery action against the petitioner as illegal and directed the respondent to cease pursuing the tax debt recovery. The judgment emphasized the necessity of a clear establishment of tax liability before holding individuals accountable. Case-Laws Companies Law Thu, 11 Oct 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99062