https://www.taxtmi.com/caselaws?id=190817 The High Court held jurisdiction under Article 226, ruling that the notices served in Ahmedabad conferred territorial jurisdiction. Section 179 of the Income Tax Act was deemed inapplicable to Directors of a Public Limited Company converted from a Private Limited Company as they were not liable for tax dues during the relevant assessment years. The principle of lifting the corporate veil was found inapplicable as the Directors were not involved in fraudulent activities. The Court quashed the notices and orders, concluding in favor of the petitioners. en-us Tue, 15 Oct 2013 00:00:00 +0530 Thu, 25 May 2017 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190817 The High Court held jurisdiction under Article 226, ruling that the notices served in Ahmedabad conferred territorial jurisdiction. Section 179 of the Income Tax Act was deemed inapplicable to Directors of a Public Limited Company converted from a Private Limited Company as they were not liable for tax dues during the relevant assessment years. The principle of lifting the corporate veil was found inapplicable as the Directors were not involved in fraudulent activities. The Court quashed the notices and orders, concluding in favor of the petitioners. Case-Laws Income Tax Tue, 15 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190817