https://www.taxtmi.com/caselaws?id=9035 The court concluded that the Income-tax Officer cannot proceed to realize arrears of tax without the leave of the court under Section 446(1) of the Companies Act, 1956, as the debt in question was not entitled to priority. However, if the Income-tax Officer can establish that any portion of the sum is entitled to priority under Section 530(1)(a), leave would be granted to that extent. The petition was dismissed with no order as to costs. en-us Mon, 24 Sep 1973 00:00:00 +0530 Thu, 18 Jun 2009 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9035 The court concluded that the Income-tax Officer cannot proceed to realize arrears of tax without the leave of the court under Section 446(1) of the Companies Act, 1956, as the debt in question was not entitled to priority. However, if the Income-tax Officer can establish that any portion of the sum is entitled to priority under Section 530(1)(a), leave would be granted to that extent. The petition was dismissed with no order as to costs. Case-Laws Income Tax Mon, 24 Sep 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9035