Allowing the petition the Court held, that after the setting aside of the order of assessment to the extent challenged before the Tribunal, there was no tax due from the company. Consequently there could not be any recovery of tax from any director of the company for any AY. The order under section 179 was not valid.
Mailakkattu Varghese Uthup v. PCIT (2022) 444 ITR 326 (Ker.) (HC)
S. 179 : Private company-Liability of directors-Assessment order against company set aside-Order not valid. [Art. 226]