https://www.taxtmi.com/caselaws?id=38167 The court dismissed the application seeking recovery of outstanding tax demands against a company in liquidation, emphasizing that income-tax authorities must cooperate with the official liquidator. The court reiterated that income-tax dues do not hold priority in liquidation proceedings unless expressly provided by law. It was held that income-tax authorities must prove their debt like any other creditor and that the liquidation court has the authority to scrutinize and decide on the extent of assessed tax liabilities on the company's funds. en-us Mon, 08 May 1978 00:00:00 +0530 Sat, 03 Apr 2010 15:38:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38167 The court dismissed the application seeking recovery of outstanding tax demands against a company in liquidation, emphasizing that income-tax authorities must cooperate with the official liquidator. The court reiterated that income-tax dues do not hold priority in liquidation proceedings unless expressly provided by law. It was held that income-tax authorities must prove their debt like any other creditor and that the liquidation court has the authority to scrutinize and decide on the extent of assessed tax liabilities on the company's funds. Case-Laws Income Tax Mon, 08 May 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38167