Company in liquidation.

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....ein referred to as the liquidator), shall, within thirty days after he has become such liquidator, give notice of his appointment as such to the Assessing Officer who is entitled to assess the income of the company. (2) The Assessing Officer shall, after making such inquiries or calling for such information as he may deem fit, notify to the liquidator within three months from the date on whi....

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....section (3) shall not debar the liquidator from parting with such assets or properties for the purpose of-- (a) the payment of the tax payable by the company; (b) making any payment to secured creditors whose debts are entitled under law to priority of payment over debts due to Government on the date of liquidation; or (c) meeting such costs and expenses of the winding u....