https://www.taxtmi.com/caselaws?id=356456 A transferee for adequate consideration is protected by the proviso to section 24-A of the Tamil Nadu General Sales Tax Act, 1959 where there is no actual or constructive notice of the vendor's tax liability. The statutory charge and voidness rule apply against transfers intended to defeat revenue, but they do not defeat a bona fide purchase made without collusion, mala fides, wilful abstention from enquiry, or gross negligence. Applying notice principles under the Transfer of Property Act, 1882, the court found no material to fasten the vendor's arrears on the purchaser and set aside recovery against the property. en-us Thu, 01 Feb 2018 00:00:00 +0530 Wed, 07 Mar 2018 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356456 A transferee for adequate consideration is protected by the proviso to section 24-A of the Tamil Nadu General Sales Tax Act, 1959 where there is no actual or constructive notice of the vendor's tax liability. The statutory charge and voidness rule apply against transfers intended to defeat revenue, but they do not defeat a bona fide purchase made without collusion, mala fides, wilful abstention from enquiry, or gross negligence. Applying notice principles under the Transfer of Property Act, 1882, the court found no material to fasten the vendor's arrears on the purchaser and set aside recovery against the property. Case-Laws VAT and Sales Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356456