Property attached in respect of arrears of tax due to the Income ...

Court Orders Release of Sale Deed to Bona Fide Purchaser Despite Property's Attachment Due to Partners' Tax Arrears.

April 30, 2021

Case Laws Income Tax HC

Property attached in respect of arrears of tax due to the Income Tax Department - The tax liability of the aforesaid firms of which the fourth respondent and her husband were the partners are subsequent to the commitment in the sale agreement dated 30.6.1994. Therefore, there is no justification in not releasing the registered sale deed in favour of the petitioner as the petitioner is a bonafide purchaser who has purchased the property after a long drawn litigation . - HC

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Property attached in respect of arrears of tax due to the Income ...

Court Orders Release of Sale Deed to Bona Fide Purchaser Despite Property's Attachment Due to Partners' Tax Arrears.

April 30, 2021

Case Laws Income Tax HC

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