Court Limits Director's Liability to Tax Amount Specified in Section 2(43), Blocking Section 179 Refund Adjustment.

Court Limits Director's Liability to Tax Amount Specified in Section 2(43), Blocking Section 179 Refund Adjustment. https://www.taxtmi.com/highlights?id=5866 Refund payment to assessee as individual proposed to be adjusted against tax liability of the company in which he is a director - section 179 - The petitioner cannot be made liable for anything more than the tax (defined under Section 2 (43)) - HC en-us Mon, 22 Oct 2012 21:34:47 +0530 Mon, 22 Oct 2012 21:34:47 +0530 TaxTMI RSS Generator Court Limits Director's Liability to Tax Amount Specified in Section 2(43), Blocking Section 179 Refund Adjustment. https://www.taxtmi.com/highlights?id=5866 Refund payment to assessee as individual proposed to be adjusted against tax liability of the company in which he is a director - section 179 - The petitioner cannot be made liable for anything more than the tax (defined under Section 2 (43)) - HC Highlights Income Tax Mon, 22 Oct 2012 21:34:47 +0530 https://www.taxtmi.com/highlights?id=5866