Sale of property in favour of third party cannot be declared as void by TRO: Madras HC

K.N. Subramaniam Vs PCIT (Madras High Court) Madras High Court held that Tax Recovery Officer is not required to declare the sale between the petitioner and the fourth respondent as invalid as the sale is void abinito. Thus, court directed petitioner to institute suit in a civil court to establish right over disputed property. Facts- The fourth respondent’s Return of Income Tax for A.Y. 2008-09 and A.Y. 2009-10 resulted in a demand of tax arrears for a sum of Rs.20,69,529/- along with interest u/s. 220(2) of Rs.41,390/- for A.Y. 2008-09 and a sum of Rs.16,21,470/- along with interest u/s...