Madras HC allows Wound Up Company to Settle Dues against Income Tax Dept. in 11 Installments [Read Order]

By Navasree A.M - On April 24, 2023 5:15 pm - 2 mins read
Madras High Court - Wound Up Company - Dues - Income Tax Dept - Installments - Taxscan

In a recent ruling, the Madras High Court bench of Justice P T Asha stated that the petitioner company must be permitted to show their bona fides and settle the dues. With this intent and in the interest of justice, the writ petition was allowed permitting the petitioner to pay the amount in installments. The…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader