The expression "Tax due" in section 179(1) will not comprehend within its ambit a penalty

DECIDED BY: HIGH COURT OF BOMBAY, IN THE CASE OF: Dinesh T. Tailor Vs. TRO, APPEAL NO: Writ Petition No. 641 of 2010, DECIDED ON April 27, 2010 ______ORAL JUDGMENT_______ ORAL JUDGMENT (Per Dr. D.Y. Chandrachud, J.) 1. Rule. With the consent of the learned counsel appearing on behalf of the petitioner and the learned counsel appearing on behalf of the Revenue, the petition is taken up for hearing and final disposal. Counsel for the respondents waives service. 2. The petitioner was appointed as an Additional director of a company by the name of Yazad Investment & Finance Private Limited on ...