1998 (10) TMI 42 - HC - Income Tax

Summary

The petitioner, a transferee of agricultural property, was held liable for tax arrears from the transferor for the years 1975-76 and 1976-77. The court dismissed the petition, directing the petitioner to pay the tax arrears as per Section 23 of the Agricultural Income-tax Act, 1950. The petitioner's challenge to the assessment orders was found to be not maintainable.