<?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>2018 (11) TMI 5 - MADRAS HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=369662</link>
    <description>The court allowed both writ petitions, quashing the impugned notices demanding tax arrears and encumbrance on the petitioner&#039;s share of the subject property. It was held that the petitioner, not being a director or shareholder of the company in arrears, should not be held liable for the company&#039;s tax debts solely based on being an heir of directors. The court emphasized the petitioner&#039;s lack of involvement in the company post-directors&#039; demise and ownership of a 1/4 share in the property. Legal action against the company for arrears was permitted, but the encumbrance on the petitioner&#039;s share was directed to be removed.</description>
    <language>en-us</language>
    <pubDate>Mon, 29 Oct 2018 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 01 Nov 2018 10:51:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=540281" rel="self" type="application/rss+xml"/>
    <item>
      <title>2018 (11) TMI 5 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=369662</link>
      <description>The court allowed both writ petitions, quashing the impugned notices demanding tax arrears and encumbrance on the petitioner&#039;s share of the subject property. It was held that the petitioner, not being a director or shareholder of the company in arrears, should not be held liable for the company&#039;s tax debts solely based on being an heir of directors. The court emphasized the petitioner&#039;s lack of involvement in the company post-directors&#039; demise and ownership of a 1/4 share in the property. Legal action against the company for arrears was permitted, but the encumbrance on the petitioner&#039;s share was directed to be removed.</description>
      <category>Case-Laws</category>
      <law>VAT and Sales Tax</law>
      <pubDate>Mon, 29 Oct 2018 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=369662</guid>
    </item>
  </channel>
</rss>