Civil Suit against Income Tax Dept.’s auction of Attached Property not Numbered due to Bar Council Boycott

Advertisement C. Sowmya Raga Vs Tax Recovery Officer – 3 (Madras High Court) Conclusion: Income Tax Department was directed to encash the Demand Draft, confirm the sale, and issue the Sale Certificate in favour of the highest bidder, without prejudice to the Petitioner’s rights. The Petitioner was granted liberty to pursue the civil suit and establish bona fide purchase and protection under the proviso to Section 281(1) of the Income Tax Act. The confirmed sale was made expressly subject to the outcome of the civil proceedings. Held: Assessee challenged an auction notice dated ...