https://www.taxtmi.com/caselaws?id=35685 The appeal by the Income Tax (I.T.) department to claim interest under Section 220(2) of the Income Tax Act was dismissed. The court upheld the official liquidator's decision to reject the claim on the grounds that the department did not obtain sanction under Section 446(1) of the Companies Act and that the special provisions of the Companies Act prevail over the general provisions of the Income Tax Act. The liquidator's rejection of the claim for interest was affirmed, and the I.T. department's application was dismissed with no order as to costs. en-us Thu, 13 Mar 1980 00:00:00 +0530 Tue, 16 Mar 2010 10:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35685 The appeal by the Income Tax (I.T.) department to claim interest under Section 220(2) of the Income Tax Act was dismissed. The court upheld the official liquidator's decision to reject the claim on the grounds that the department did not obtain sanction under Section 446(1) of the Companies Act and that the special provisions of the Companies Act prevail over the general provisions of the Income Tax Act. The liquidator's rejection of the claim for interest was affirmed, and the I.T. department's application was dismissed with no order as to costs. Case-Laws Income Tax Thu, 13 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35685