https://www.taxtmi.com/caselaws?id=11072 Coercive recovery against a sick industrial company is barred under section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, so a notice under section 226(3) of the Income-tax Act, 1961 cannot be enforced without prior consent of the BIFR. Where the company is registered as sick, acting on such notice to recover past tax arrears amounts to prohibited recovery proceedings. The High Court granted interim protection restraining the authorities from proceeding on the notice, while declining to express any broader opinion on the scope of section 226(3). en-us Thu, 05 Feb 2004 00:00:00 +0530 Thu, 30 Jul 2009 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11072 Coercive recovery against a sick industrial company is barred under section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, so a notice under section 226(3) of the Income-tax Act, 1961 cannot be enforced without prior consent of the BIFR. Where the company is registered as sick, acting on such notice to recover past tax arrears amounts to prohibited recovery proceedings. The High Court granted interim protection restraining the authorities from proceeding on the notice, while declining to express any broader opinion on the scope of section 226(3). Case-Laws Income Tax Thu, 05 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11072