Section 18A of the Income Tax Act deals with the acquisition of two cement factories with a foreign company, which asserts advance tax nonpayment, which shows that the seller's contract of sale was completed by the assessee Still had to run this business. The vendor submitted advance tax in his name for the period in which he was running business affairs on behalf of the assessee income tax officer, accepting the application that the seller was running the business on behalf of Asadi and on this profit. Taxes are taxed due to which they receive the asset. But the seller treated the advance tax paid into his account and fined the assessee for non-payment of advance tax order of the Income Tax Officer while accepting the profit in the hands of the assessee and not paying the tax. Gone, the taxpayer who paid the tax, as a taxman, was disobedient and misguided.
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