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2016 (3) TMI 593 - HC - Income TaxRecovery of tax dues - Consent from BIFR - consent in terms of Section 22 of the SICA Act - Held that:- On plain reading of the provisions of Section 22 of the SICA, it cannot be disputed that even coercive action to recover the dues in terms of the Income Tax Act would require the consent from BIFR in terms of the said Act as an inquiry under Section 16 of the SICA is pending. The learned Counsel appearing for the Respondents also does not dispute that the Respondents would take steps to obtain such consent. It cannot be disputed that without obtaining consent in terms of Section 22 of the SICA Act, the Assessing Officer cannot implement the impugned Demands dated 07.12.2015 and 14.12.2015.
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