https://www.taxtmi.com/caselaws?id=25885 The court addressed two writ petitions challenging liability under section 179 of the Income-tax Act for directors of a company. The petitioners contested a recovery certificate issued without a demand notice under section 156, arguing against the retrospective nature of the liability. The court upheld the liability, emphasizing the importance of the demand notice for initiating recovery but clarified that it was not necessary for appeal in this context. Ultimately, the court dismissed the petitions, affirming the liability under section 179 and providing clarity on procedural requirements for recovery under the Income-tax Act. en-us Fri, 05 Sep 1986 00:00:00 +0530 Mon, 01 Feb 2010 14:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25885 The court addressed two writ petitions challenging liability under section 179 of the Income-tax Act for directors of a company. The petitioners contested a recovery certificate issued without a demand notice under section 156, arguing against the retrospective nature of the liability. The court upheld the liability, emphasizing the importance of the demand notice for initiating recovery but clarified that it was not necessary for appeal in this context. Ultimately, the court dismissed the petitions, affirming the liability under section 179 and providing clarity on procedural requirements for recovery under the Income-tax Act. Case-Laws Income Tax Fri, 05 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25885