https://www.taxtmi.com/caselaws?id=18740 The court dismissed both W.P. No. 7088 of 1985 and W.P. No. 7089 of 1985, upholding the validity of the attachment and sale of the defaulter's property. The rejection of the application under Rule 61 was deemed justified, and the constitutionality of the proviso to Rule 61 was upheld. Allegations of irregularities in the sale process were found to be unsubstantiated. The court emphasized that equitable considerations favored the successful bidder over the petitioner, ultimately concluding that the late payment of arrears in 1992 did not warrant reconsideration of the rejected application from 1985. en-us Tue, 25 Jul 1995 00:00:00 +0530 Sat, 31 Oct 2009 16:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18740 The court dismissed both W.P. No. 7088 of 1985 and W.P. No. 7089 of 1985, upholding the validity of the attachment and sale of the defaulter's property. The rejection of the application under Rule 61 was deemed justified, and the constitutionality of the proviso to Rule 61 was upheld. Allegations of irregularities in the sale process were found to be unsubstantiated. The court emphasized that equitable considerations favored the successful bidder over the petitioner, ultimately concluding that the late payment of arrears in 1992 did not warrant reconsideration of the rejected application from 1985. Case-Laws Income Tax Tue, 25 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18740