Section 225 of Income Tax Ordinance, 2001 has described the proceedings against companies under liquidation.
Following is the text of Section 225 of Income Tax Ordinance, 2001:
225. Proceedings against companies under liquidation. —Notwithstanding anything contained in section 310 of the Companies Act, 2017 (XIX of 2017)], leave of the Court shall not be required for continuing with or commencing any proceeding under this Ordinance against a company in respect of which a winding up order has been made or Provisional Liquidator appointed.
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