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![Interest under Income Tax Act can’t be levied on a Wound-Up Company: Madras HC [Read Judgment] Interest under Income Tax Act can’t be levied on a Wound-Up Company: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/GSTAT-Madras-High-Court-Taxscan.jpg)
Interest under Income Tax Act can’t be levied on a Wound-Up Company: Madras HC [Read Judgment]
The High Court of Madras, in a recent ruling, held that no levy of interest can be made under the provisions of Income Tax Act, 1961 against a...


![Taxability of Amount Seized during Demonetization; Madras HC Applauds Govt for Introducing Faceless E-Assessment [Read Judgment] Taxability of Amount Seized during Demonetization; Madras HC Applauds Govt for Introducing Faceless E-Assessment [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Faceless-E-assessment-Seized-Amount-Cash-Seizure-Taxscan.jpg)
![Madras HC quashes demand of Tax from Motor Car Dealers on Trade Discount [Read Judgment] Madras HC quashes demand of Tax from Motor Car Dealers on Trade Discount [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Motor-Car-Dealers-Tax-Trade-Discount-Madras-High-Court-Taxscan.jpg)