Supreme Court · 1965 INSC 98 · Decided 9 April 1965
Union of India and ANR. v. India Fisheries (P) LTD.
- Court
- Supreme Court of India
- Citation
- 1965 INSC 98 · [1965] 3 S.C.R. 679
- Case number
- CIVIL APPEAL No. 211/1964
- Decided
- 9 April 1965
- Bench
- K. SUBBA RAO, J.C. SHAH, S.M. SIKRI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; Companies Act Section 228, 229, 179; Income Tax Act Section 49E, 48
Headnote
Incqme Tax Act 1922, s. 49E-Department's power to set off r•­ fundable amount against tax remaining due-Whether available in respect of tax due from company in liquidation-Whether subject to ss. 228 and 229 of the Companies Act, 1913. The respondent company was directed to be wound-up and in October, 1950. In December, 1950, the respondent was assessed to tax amount­ ing to Rs. 8737 /- for the year 194&-49. A claim made for this tax on the official liquidator was adjudged and allowed as an ordinary claim and certified as such in April, 1952. The Liquidator declared a
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)