TMI BlogTax Recovery Needs BIFR Consent If SICA Section 16 Inquiry is Pending for Distressed Companies.Recovery of tax dues - Consent from BIFR - 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 - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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