https://www.taxtmi.com/caselaws?id=17502 A sale proclamation under Rule 53 of the Second Schedule to the Income-tax Act affecting immovable property must be preceded by compliance with the prescribed procedure and a opportunity of hearing on the terms and conditions of the auction. Here, the notice for settling the proclamation did not fix any date for drawing up the sale proclamation, and both the notice and proclamation were issued on the same day, showing that no meaningful opportunity was given before the auction terms were finalised. The sale proclamation, insofar as it related to the petitioner's property, was therefore unsustainable and was set aside. en-us Thu, 10 Apr 1997 00:00:00 +0530 Tue, 22 Sep 2009 17:15:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17502 A sale proclamation under Rule 53 of the Second Schedule to the Income-tax Act affecting immovable property must be preceded by compliance with the prescribed procedure and a opportunity of hearing on the terms and conditions of the auction. Here, the notice for settling the proclamation did not fix any date for drawing up the sale proclamation, and both the notice and proclamation were issued on the same day, showing that no meaningful opportunity was given before the auction terms were finalised. The sale proclamation, insofar as it related to the petitioner's property, was therefore unsustainable and was set aside. Case-Laws Income Tax Thu, 10 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17502