https://www.taxtmi.com/caselaws?id=365284 The Court set aside the order declaring the sale deed null and void, ruling in favor of the petitioner. Emphasizing the importance of due diligence and protecting bonafide purchasers' rights, the Court held that the petitioner acted in good faith and followed proper procedures in acquiring the property. Referencing relevant legal provisions and a previous judgment, the Court concluded that the petitioner's rights over the property should not be affected by the tax liabilities of the original owner. The decision highlighted the voidability of transfers in the context of tax liabilities and upheld the petitioner's ownership rights. en-us Mon, 02 Jul 2018 00:00:00 +0530 Mon, 27 Aug 2018 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365284 The Court set aside the order declaring the sale deed null and void, ruling in favor of the petitioner. Emphasizing the importance of due diligence and protecting bonafide purchasers' rights, the Court held that the petitioner acted in good faith and followed proper procedures in acquiring the property. Referencing relevant legal provisions and a previous judgment, the Court concluded that the petitioner's rights over the property should not be affected by the tax liabilities of the original owner. The decision highlighted the voidability of transfers in the context of tax liabilities and upheld the petitioner's ownership rights. Case-Laws Income Tax Mon, 02 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365284