https://www.taxtmi.com/caselaws?id=262558 Special leave petitions were dismissed, and the Income-tax Department was stated to remain entitled to initiate appropriate recovery proceedings for tax statutorily due from the transferor company, the transferee company, or any other liable person. The operative point is that recovery may proceed against the persons legally responsible for the tax liability, subject to the statutory framework governing such dues. en-us Wed, 15 Apr 2015 00:00:00 +0530 Sat, 04 Dec 2021 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262558 Special leave petitions were dismissed, and the Income-tax Department was stated to remain entitled to initiate appropriate recovery proceedings for tax statutorily due from the transferor company, the transferee company, or any other liable person. The operative point is that recovery may proceed against the persons legally responsible for the tax liability, subject to the statutory framework governing such dues. Case-Laws Income Tax Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262558