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

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…

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