Directors Not Liable for Company's Tax Debts Without Evidence of Fraud Under GVAT Act.

Directors Not Liable for Company's Tax Debts Without Evidence of Fraud Under GVAT Act. https://www.taxtmi.com/highlights?id=42852 Recovery of dues the director of the company - GVAT Act - in absence of any statutory provision and further in absence of any prima facie facts even suggesting that the company was created only to defraud the government revenue or some such other valid reason, the department cannot seek recovery of the company's dues from its directors en-us Sat, 24 Nov 2018 07:28:56 +0530 Sat, 24 Nov 2018 07:28:56 +0530 TaxTMI RSS Generator Directors Not Liable for Company's Tax Debts Without Evidence of Fraud Under GVAT Act. https://www.taxtmi.com/highlights?id=42852 Recovery of dues the director of the company - GVAT Act - in absence of any statutory provision and further in absence of any prima facie facts even suggesting that the company was created only to defraud the government revenue or some such other valid reason, the department cannot seek recovery of the company's dues from its directors Highlights VAT and Sales Tax Sat, 24 Nov 2018 07:28:56 +0530 https://www.taxtmi.com/highlights?id=42852