https://www.taxtmi.com/caselaws?id=290528 A company in liquidation remains a "company" for income-tax purposes until dissolution, so commencement of winding-up does not by itself remove its tax liability. The official liquidator may be treated as the principal officer or as a statutory manager for return-filing purposes, and is therefore bound to furnish the income-tax return. The fact that some deduction provisions may not operate in every liquidation does not affect the basic obligation to file. The Companies Act does not exclude recovery against company property, and the tax net continues to apply during liquidation. en-us Fri, 24 Nov 1933 00:00:00 +0530 Sat, 03 Oct 2020 17:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290528 A company in liquidation remains a "company" for income-tax purposes until dissolution, so commencement of winding-up does not by itself remove its tax liability. The official liquidator may be treated as the principal officer or as a statutory manager for return-filing purposes, and is therefore bound to furnish the income-tax return. The fact that some deduction provisions may not operate in every liquidation does not affect the basic obligation to file. The Companies Act does not exclude recovery against company property, and the tax net continues to apply during liquidation. Case-Laws Income Tax Fri, 24 Nov 1933 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290528