https://www.taxtmi.com/caselaws?id=194743 The court dismissed the writ petition seeking mandamus to release a factory and restrain interference with business operations. The petitioner's claim of purchasing the industrial plot and shed was countered by allegations of fraudulent and collusive transactions to evade tax recovery. The court found the transactions between parties to be fraudulent, invoking the doctrine of piercing the corporate veil due to attempts to avoid tax liabilities. Consequently, the petition was dismissed based on the fraudulent nature of the transactions and the application of the doctrine to address tax evasion issues. en-us Thu, 13 May 2004 00:00:00 +0530 Fri, 22 Sep 2017 15:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194743 The court dismissed the writ petition seeking mandamus to release a factory and restrain interference with business operations. The petitioner's claim of purchasing the industrial plot and shed was countered by allegations of fraudulent and collusive transactions to evade tax recovery. The court found the transactions between parties to be fraudulent, invoking the doctrine of piercing the corporate veil due to attempts to avoid tax liabilities. Consequently, the petition was dismissed based on the fraudulent nature of the transactions and the application of the doctrine to address tax evasion issues. Case-Laws Indian Laws Thu, 13 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194743