https://www.taxtmi.com/caselaws?id=302553 The court overturned the order issued under Section 179 of the Income Tax Act 1961, which declared the petitioner liable for income tax dues of a company. The court held that since the company's assessment order was set aside and directed for reconsideration, there was no tax due from the company, making the proceedings under Section 179 invalid. As a result, the court set aside the order declaring the petitioner liable for the company's tax dues, leaving the matter open for future consideration if needed. en-us Fri, 01 Apr 2022 00:00:00 +0530 Thu, 23 Jun 2022 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302553 The court overturned the order issued under Section 179 of the Income Tax Act 1961, which declared the petitioner liable for income tax dues of a company. The court held that since the company's assessment order was set aside and directed for reconsideration, there was no tax due from the company, making the proceedings under Section 179 invalid. As a result, the court set aside the order declaring the petitioner liable for the company's tax dues, leaving the matter open for future consideration if needed. Case-Laws Income Tax Fri, 01 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302553