https://www.taxtmi.com/caselaws?id=174105 The Supreme Court held that debts due to the State have priority over other debts, allowing the State to recover tax arrears even after the property has been sold by a third party. The Court set aside the High Court's decision and restored the Trial Court's judgment, ruling in favor of the Union of India in the recovery of Income Tax from the sale proceeds, with no costs awarded. en-us Tue, 05 Feb 1985 00:00:00 +0530 Wed, 30 Sep 2015 11:28:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174105 The Supreme Court held that debts due to the State have priority over other debts, allowing the State to recover tax arrears even after the property has been sold by a third party. The Court set aside the High Court's decision and restored the Trial Court's judgment, ruling in favor of the Union of India in the recovery of Income Tax from the sale proceeds, with no costs awarded. Case-Laws Income Tax Tue, 05 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174105