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Income Tax | Public Company Director Cannot Face Section 179 Recovery Without Statutory Findings: Gujarat HC

28 Sept 2026 · 28 Sept 2026By CA Sandeep KanoiSource: TaxGuru

Gujarat HC quashes Section 179 recovery against director, rejecting conversion of public company status merely due to concentrated shareholding. The post Public Company Director Cannot Face Section 179 Recovery Without Statutory Findings: Gujarat HC appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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