VAT Dues of Company cannot be recovered from Individual Directors: Orissa HC

A division bench of Orissa High Court headed by the Chief Justice held that the dues under the Orissa VAT Act cannot be recovered from the individual directors of the Company. The petitioner, Mr. Atul Kumar Saxena is the Director of M/s. Amcon Engineers Private Limited (AEPL), the Assessee. The VAT department has initiated recovery…

Source Taxscan

 

---

---