<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2007 (1) TMI 603 - ALLAHABAD HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=189215</link>
    <description>The High Court of Allahabad ruled in favor of the petitioner, a director of a private limited company, in a case concerning the recovery of tax arrears from personal assets. The Court quashed a Circular allowing such recovery, citing precedents that tax liabilities of a company should not be enforced against the personal assets of directors. The Court directed that tax arrears and outstanding dues should not be recovered from the petitioner&#039;s personal assets but could be recovered from the company&#039;s assets or property and from directors possessing the company&#039;s assets.</description>
    <language>en-us</language>
    <pubDate>Tue, 09 Jan 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 31 Dec 2016 16:10:10 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=453665" rel="self" type="application/rss+xml"/>
    <item>
      <title>2007 (1) TMI 603 - ALLAHABAD HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=189215</link>
      <description>The High Court of Allahabad ruled in favor of the petitioner, a director of a private limited company, in a case concerning the recovery of tax arrears from personal assets. The Court quashed a Circular allowing such recovery, citing precedents that tax liabilities of a company should not be enforced against the personal assets of directors. The Court directed that tax arrears and outstanding dues should not be recovered from the petitioner&#039;s personal assets but could be recovered from the company&#039;s assets or property and from directors possessing the company&#039;s assets.</description>
      <category>Case-Laws</category>
      <law>VAT and Sales Tax</law>
      <pubDate>Tue, 09 Jan 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=189215</guid>
    </item>
  </channel>
</rss>