https://www.taxtmi.com/highlights?id=23736 Recovery of tax - Transfer by way of mortgage was without notice of pendency of the assessment proceedings - Void transfer u/s 281 - Undisputedly, the respondent is a secured creditor. Hence it is needles to observe that even the Crown debt could be discharged only after the debt of secured creditors stand discharged. - HC en-us Sat, 11 Jul 2015 06:41:35 +0530 Sat, 11 Jul 2015 06:41:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=23736 Recovery of tax - Transfer by way of mortgage was without notice of pendency of the assessment proceedings - Void transfer u/s 281 - Undisputedly, the respondent is a secured creditor. Hence it is needles to observe that even the Crown debt could be discharged only after the debt of secured creditors stand discharged. - HC Highlights Income Tax Sat, 11 Jul 2015 06:41:35 +0530 https://www.taxtmi.com/highlights?id=23736