Merger or Amalgamation Not Legitimate Tools for Tax Evasion, Cooperate with Customs Department: Madras HC [Read Order]
Merely because the noticee company has been merged with the petitioner company ipso-facto would not mean the liability of the noticee company would stand extinguished on account of its merger with the petitioner company.
By Navasree A.M - On April 8, 2024 4:35 pm - 3 mins read
In a recent ruling, the Madras High Court, while dismissing the writ petition directed the petitioner to cooperate with the customs department. Failure to do so would result in the authorities confirming the demand stated in the contested show cause notice and recovering the amount from the petitioner based on available material. A Single bench…
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