https://www.taxtmi.com/highlights?id=6186 Preferential Creditor vs Secured Creditor - Provisions of Section 529-A of Companies Act (a Central legislation) have to be override the provisions of Sec 53 of the M.P. Commercial Tax Act of 1994 (a State legislation) - tax liability will be subject to the provisions of Sec 530 of the Companies Act subject to the provisions of Section 529-A of the said Act. - HC en-us Mon, 10 Dec 2012 08:15:22 +0530 Mon, 10 Dec 2012 08:15:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6186 Preferential Creditor vs Secured Creditor - Provisions of Section 529-A of Companies Act (a Central legislation) have to be override the provisions of Sec 53 of the M.P. Commercial Tax Act of 1994 (a State legislation) - tax liability will be subject to the provisions of Sec 530 of the Companies Act subject to the provisions of Section 529-A of the said Act. - HC Highlights VAT and Sales Tax Mon, 10 Dec 2012 08:15:22 +0530 https://www.taxtmi.com/highlights?id=6186