https://www.taxtmi.com/circulars?id=9979 Where a private limited company in liquidation leaves tax arrears that cannot be recovered from the company, directors are jointly and severally liable for payment; tax authorities are instructed to invoke that statutory liability more vigorously to secure recovery from directors where company assets are insufficient. en-us Thu, 18 Jan 1973 00:00:00 +0530 Mon, 13 Jun 2011 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9979 Where a private limited company in liquidation leaves tax arrears that cannot be recovered from the company, directors are jointly and severally liable for payment; tax authorities are instructed to invoke that statutory liability more vigorously to secure recovery from directors where company assets are insufficient. Circulars Income Tax Thu, 18 Jan 1973 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9979