https://www.taxtmi.com/caselaws?id=7539 When property belonging to a person not liable for tax arrears is sold in revenue recovery proceedings, the owner may recover its value under the applicable revenue recovery statute. The text explains that a vehicle sold by revenue authorities in execution of an income-tax recovery certificate remained the owner's property despite the purchaser holding only limited rights under a hire-purchase arrangement. It further notes that the statutory remedy under section 17 of the Madras Revenue Recovery Act applies where such third-party property is sold, and that the owner's claim is not defeated merely because the claim petition was not finally disposed of before the dispute arose. en-us Fri, 27 Sep 1968 00:00:00 +0530 Wed, 25 Feb 2009 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7539 When property belonging to a person not liable for tax arrears is sold in revenue recovery proceedings, the owner may recover its value under the applicable revenue recovery statute. The text explains that a vehicle sold by revenue authorities in execution of an income-tax recovery certificate remained the owner's property despite the purchaser holding only limited rights under a hire-purchase arrangement. It further notes that the statutory remedy under section 17 of the Madras Revenue Recovery Act applies where such third-party property is sold, and that the owner's claim is not defeated merely because the claim petition was not finally disposed of before the dispute arose. Case-Laws Income Tax Fri, 27 Sep 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7539