https://www.taxtmi.com/caselaws?id=5259 Garnishee order fixed a specified sum; a subsequent sale of property to recover a greater amount was held void. The sale and garnishee action are ineffective, and the revenue is liable to compensate the auction purchaser for losses caused by the wrongful sale. The auction purchaser may withdraw the deposited sum unconditionally and is entitled to interest at 15% on the amount that remained blocked as compensation. en-us Wed, 03 Aug 1988 00:00:00 +0530 Fri, 26 Sep 2025 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5259 Garnishee order fixed a specified sum; a subsequent sale of property to recover a greater amount was held void. The sale and garnishee action are ineffective, and the revenue is liable to compensate the auction purchaser for losses caused by the wrongful sale. The auction purchaser may withdraw the deposited sum unconditionally and is entitled to interest at 15% on the amount that remained blocked as compensation. Case-Laws Income Tax Wed, 03 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5259