Order u/s 179(1) without gross-negligence, misfeasance or breach of duty of assessee is untenable

Geeta P. Kamat Vs PCIT (Bombay High Court)

Bombay High Court held that in absence of any finding that non-recovery of tax due from the company can be attributed to any gross-negligence, misfeasance or breach of duty on the part of the petitioner, no order could have been made u/s 179(1) of the Income Tax Act.

Facts- A show cause notice dated 12th January 2017 was served upon the petitioner in terms of section 179 of the Act requiring the petitioner to show cause as to why

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