Court Stresses Factual Tax Assessment Before Interpreting "Tax Due" in Section 179 Tax Recovery Cases.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Proceedings for recovery u/s 179 - before the issue of interpretation of the word 'Tax due' can be decided, the factual aspect of the amount due on account of tax and interest from the defaulting company has to be ascertained - HC....