https://www.taxtmi.com/caselaws?id=101526 A bona fide registered trust created before assessment, with property vested in trustees to satisfy antecedent debts, was not treated as a fraudulent or colourable device to defeat sales tax dues. Section 17(1) of the Andhra Pradesh General Sales Tax Act could not be used against trustees who held an independent title, because it only reaches persons holding money for or on account of the dealer and does not resolve disputed title. A transfer alleged to be void under section 53(1) of the Transfer of Property Act could not be ignored in collateral recovery proceedings unless first avoided in proper proceedings. The recovery notices were quashed. en-us Wed, 04 Feb 1976 00:00:00 +0530 Tue, 13 Oct 2015 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101526 A bona fide registered trust created before assessment, with property vested in trustees to satisfy antecedent debts, was not treated as a fraudulent or colourable device to defeat sales tax dues. Section 17(1) of the Andhra Pradesh General Sales Tax Act could not be used against trustees who held an independent title, because it only reaches persons holding money for or on account of the dealer and does not resolve disputed title. A transfer alleged to be void under section 53(1) of the Transfer of Property Act could not be ignored in collateral recovery proceedings unless first avoided in proper proceedings. The recovery notices were quashed. Case-Laws VAT and Sales Tax Wed, 04 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101526