https://www.taxtmi.com/caselaws?id=161478 When a sick industrial company's reference is registered and an inquiry is pending before the BIFR, section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars coercive recovery of assessed dues without the Board's prior permission. The protection was treated as continuing during the pendency of the inquiry and, where applicable, through stages connected with framing, preparation, sanction and implementation of a rehabilitation scheme, as well as appeal proceedings before the competent authority. Recovery of the assessed sales tax therefore could not proceed without prior approval, and the recovery direction was modified in favour of the company. en-us Fri, 27 Sep 2002 00:00:00 +0530 Wed, 29 Jan 2014 16:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161478 When a sick industrial company's reference is registered and an inquiry is pending before the BIFR, section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars coercive recovery of assessed dues without the Board's prior permission. The protection was treated as continuing during the pendency of the inquiry and, where applicable, through stages connected with framing, preparation, sanction and implementation of a rehabilitation scheme, as well as appeal proceedings before the competent authority. Recovery of the assessed sales tax therefore could not proceed without prior approval, and the recovery direction was modified in favour of the company. Case-Laws VAT and Sales Tax Fri, 27 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161478