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2019 (1) TMI 1074 - HC - Income TaxCancellation of the auction and the sale certificate for land - Held that:- Land was purchased by the assessee in an auction held by Debt Recovery Tribunal which was subsequently made the subject matter of challenge before the High Court. Pursuant to the orders passed by the High Court, the entire sum deposited by the respondent was refunded along with interest accrued thereon. ₹ 3,19,07,676/- was paid by the bank as interest. We feel that the matter should be examined in depth and detail. Accordingly, we are inclined to issue notice in this appeal, returnable on 26th March, 2019.
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