https://www.taxtmi.com/caselaws?id=431771 The court ruled in favor of the petitioners, quashing the orders under section 179 of the Income Tax Act, 1961, holding them liable for outstanding dues of a company. The court found insufficient evidence of gross neglect or breach of duty by the petitioners, invalidating the attachment of their property and notice of demand. The authorities failed to establish the necessary grounds for invoking section 179, leading to the dismissal of all challenged orders and notices without costs. en-us Fri, 16 Dec 2022 00:00:00 +0530 Wed, 16 Aug 2023 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431771 The court ruled in favor of the petitioners, quashing the orders under section 179 of the Income Tax Act, 1961, holding them liable for outstanding dues of a company. The court found insufficient evidence of gross neglect or breach of duty by the petitioners, invalidating the attachment of their property and notice of demand. The authorities failed to establish the necessary grounds for invoking section 179, leading to the dismissal of all challenged orders and notices without costs. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431771