1987 (11) TMI 65 - HC - Income Tax

Summary

The High Court of Allahabad quashed the sale of the petitioner's property for income-tax and wealth-tax arrears due to jurisdictional issues and legal violations. The court found that the sale was based on incorrect information and reduced tax liabilities, rendering it invalid. The court ruled in favor of the petitioner, allowing the petition and ordering the refund of the auction purchaser's deposit. No costs were awarded. (Case citation: 1987 (11) TMI 65 - ALLAHABAD High Court)