There is a CMD, Mr.A of a public limited company.There are associate companies of this company run by Mr. A,in which the employees B,C,D of the Public ltd co, made directors ; who are not being paid anything from these associated companies but their names and identities are utilized,keeping Mr. A away but he is the shareholder of these companies.
Now income tax liabilities arises of the associate companies and company has no money to pay huge demand made by ITO.How can Mr. A be held responsible for this payment.? Can anyone guide for this? Thanks. B. VYAS --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
