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Service Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Adjustment of Income tax Refund - Recovery of outstanding ...

Service Tax

April 24, 2020

Adjustment of Income tax Refund - Recovery of outstanding secured debts - recovery of service tax - priority of claims - n view of Sec.31-B of the Recovery of Debts and Bankruptcy Act, 1993 and sec.26E of the SARFAESI Act,2002 w.e.f.1.9.2016 the claims of secured creditors such as the petitioner Bank have priority over the claims of the respondents 1-3 for service tax dues. - HC

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