https://www.taxtmi.com/caselaws?id=166485 Liabilities arising before the rehabilitation scheme cut-off date remain outstanding dues under section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985, even where a later reassessment order quantifies them after remand. The operative distinction is between pre-cut-off liabilities and current dues: only amounts arising after the cut-off date fall outside the scheme as current dues. On that basis, tax and penalty demands relating to earlier assessment years were treated as covered by the rehabilitation framework, and recovery action based on the later reassessment orders was not permitted to proceed outside that framework. en-us Fri, 11 Feb 2011 00:00:00 +0530 Mon, 29 Sep 2014 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166485 Liabilities arising before the rehabilitation scheme cut-off date remain outstanding dues under section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985, even where a later reassessment order quantifies them after remand. The operative distinction is between pre-cut-off liabilities and current dues: only amounts arising after the cut-off date fall outside the scheme as current dues. On that basis, tax and penalty demands relating to earlier assessment years were treated as covered by the rehabilitation framework, and recovery action based on the later reassessment orders was not permitted to proceed outside that framework. Case-Laws VAT and Sales Tax Fri, 11 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166485