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2015 (6) TMI 81 - HC - VAT and Sales TaxAttachment of property - Preferential creditor - Held that:- In the case of Punjab National Bank Vs. The State of Haryana & others [2009 (10) TMI 886 - PUNJAB & HARYANA HIGH COURT], income dues were not given any statutory preference - The statutory preference has been given to the tax arrears under the VAT Act. In view of the Supreme Court judgment in Central Bank of India's case (2009 (2) TMI 451 - SUPREME COURT OF INDIA), we find that the claim of the petitioner that it had preference over the tax dues of the borrower of the petitioner, does not merit any acceptance in view of the provisions of Section 35 of the VAT Act. Thus, we do not find any merit in the present writ petition - Decided against assessee.
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