TMI Blog2002 (4) TMI 783X X X X Extracts X X X X X X X X Extracts X X X X ..... 1956 ('the Act') is filed seeking the determination of amount of income-tax which may bepayable by the petitioner-company so as to repatriate the amount pursuant to the resolution of voluntary winding-up of the company passed on 10-7-2000 by the AGM of the shareholders of the company. It is also submitted that the only assets of the company are as under : (a)Rs. 35 lakhs lying in current account ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Court specified in sub-section (3) for an order setting aside any attachment, distress or execution put into force against the estate or effects of the company after the commencement of the winding-up. (3) An application under sub-section (2) shall be made- (a )if the attachment, distress or execution is levied or put into force by a High Court, to such High Court; and (b)if the attachment, di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me-tax Department, pursuant to the notice issued by this Court, has filed an affidavit of the Deputy Commissioner Circle 11(1), Income-tax Department, New Delhi quantifying the amount said to have been due from the company as income-tax including the tax on the interest earned on the fixed deposits. The amount quantified is Rs. 11,40,822. The total amount claimed to be due is quantified at Rs. 1,2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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